I agree. I think it's outragous and believe that the prices will correct, however I'm worried about waiting too long in my own life. I feel that I might have to drop out of the waiting game and suck it up. The price of land is insane but so is it's worth. How much do I care about dollars when I can use them to get something so much more valuable it I trade those numbers in?
Where do you suggest by the way? I'm always interested in what other people think about this. We spent a winter in Northern Oregon, 30 min outside a small town. We didn't like that lifestyle. Of course we didn't own the land but felt that the small town and the drive weren't worth it. Everyone's different though.
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I can only tell you that I'm happy in southern VT. Abundant water, old mountains, progressive ethos....But I know that the Rockies are so much more dramatic and you have lots more sun! Still, I am happy to have put down roots here. We also have nice access to more urban settings - 15 minutes to Brattleboro, 45 minutes to Northampton, MA, 2 hours to Boston, 3.5 to NYC, 4.5 to Montreal....
It sounds like Colorado is really speaking to you though. You know about the Central Rocky Mt. Permaculture Institute? Maybe Jerome would have some insight. Are there any land grant opportunities you could take advantage of, if you are going to farm or anything?
I have faith that you will find land that is right and I'm sure there's some marginal land that isn't TOO marginal like your north facing slope...
Have you looked into
That's where I got my PDC! I should get a hold of Jerome, especially to check in on him after the fires up there.