Ranches across the West, once valued for what they could earn their owners through the cattle trade, are rapidly being bought up by wealthy Americans looking for somewhere to park their cash. Real estate brokers who have been dealing in legacy ranches for decades say unprecedented demand and increasingly limited supply is sending the cost of land to new highs.Yellowstone creator Taylor Sheridan recently bought a 270,000-acre ranch for around $350million, while former NBC anchor Tom Brokaw acquired a ranch for $18million.
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