Of Course, No More Prime Land

http://www.bloomberg.com/news/articles/2016-09-08/not-for-sale-the-best-land-in-america

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I own a piece of 40 acres in Bakersfield. …240 paper lots…Worth $15m in 2006…Worth $500k in 2009…can’t get $3m today… Land prices still have a long way to go in outlying areas. …2.5m homes built in 2005, 1.2m today…a lomg way to go to boom times…