Whenever I see headlines like this I think back to Batman Begins when Lucius Fox says "Bean counters didn't think a soldier's life was worth 300 grand"
Congratulations! That's big time. I think just in time too. I have a feeling (as do others) that valuations may start declining soon to try and head off a bubble. Peak market is now! Perfect timing if you ask me - congrats again.
Eventually the market would eliminate wasteful land use because whatever was occupying the land would be willing to sell to someone who could benefit from it more.
Bureaucracy and entrenchment get in the way of that though.