[quote=a4architect.com]generally, govt is supposed to use tax to lay more infrastructure hence create a larger Karen so that demand doesn't outstrip supply. In Kenya since there is very little infrastructure devt by govt, demand keeps rising. It will rise until breaking point, most likely a libya/syria anarchy revolt situation. After this, kenyans will learn the importance on relying on scientific research to come up with home grown land /fiscal economy solutions.

Wazuans in USA, please confirm that average price of land per acre in USA is kes 300k as described below

http://www.bloomberg.com...-to-2-900-per-acre.html[/quote]

To answer your question, land and housing prices in the US depend on location. I wont comment much on the article coz it talks about farming land which is entirely different from residential land, but the logic of location holds for both. Land and houses are generally very expensive in the North East ( NY, NJ, MA,) and in the West(CA, WA) but tends to be very cheap in the Midwest and the south ( GA,LA,TN,AL). Bankruptcy has also made places like Detroit very cheap, at the peak of the crisis, you could buy a house for $1, but it came with a lot of headache. Surprisingly, you can get relatively cheap land or houses nearby the expensive metropolitan areas. For example, there are very cheap houses in PA, which is 2 hours commute from NY, but the closer you get to NY, the prices shoot up astronomically.