J.D. ,not trying to sidetrack the Forum but I live in the Dry South West Desert near Wickenburg Az. and land here starts at $25,000.00 per acre. why? Because most land out side Annexed Cities Lines is either BLM or State Trust and some private ownership called"Ranches". By far the largest Land Owner in the American South West is the Federal Gov't.and they control it very extensively.A Realtor I talked to just the other day tried to interest me in her Mothers property at Deming N.M @ $2500.00 per Acre for 200 acres. Sounds good? Not when you consider the Water Rights both Surface and Sub Surface have been sold to the local Electric Power Plant,who ever that is ,so there is no water available except for a private well ,the land can not be subdivided because of this Water problem,so there is 200 acres with one private Residence at $2500.00 asking price which comes to ,What? Do the Figures, and this is for a one Residence property in the not to favorable area of the American South West. I like you think that there is no way that land out here is worth what the Land Barons grab for it but it is a fact,It's not cheap. JC
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