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Yep, but the talk from above is about "transitory inflation". Maybe it is, but I agree sellers will drag out inflated prices as long as possible.

I'm curious about US price of land. I looked into building a place in the UK, and the price of land alone was a blocker.

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The UK has a high population density, and a lot of land is still owned by old nobility who don't really care to sell it.

In the rest of Europe prices are much lower, I'm currently building a house in Northern Europe on the outskirts of the capital (within city limits) and we paid €30/m2 for the land in 2019.

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