The Fed kept buying MBS for way, way too long and in turn created more artificial demand.

That's where the 1031 can help you without out a lot of artificial entity manipulation.  

One option would be take title in a trust then when you bring the new tenant buyer in you sell them beneficial interest in the land trust ...or you could do a lease option with them for 12 months with 5% down and just reduce the price as a artificial rent credit each renewal as joe teaches or setup a land contract with them and get a 10% down .

It is a bad investment when the only way it is positive is through cash injection to produce artificial positive cash flow.

I heard at a ULI event that CO has an artificially inflated SFR market due to a lack of supply in the first time buyer ($200K-$300K ) space, additional supply would typically be achieved through condo development.

Every other period in time, land closer to downtown has been worth more than land farther away, so this is more like a reversion to the historical norm than an anomaly.In terms of financing creating artificial demand, sure, it happens, but demand will always exist regardless of interest rates.

Even if there is an increase at their 3yr review period, it's almost NEVER to the last sales price as those can be artificial in dozens of ways.

@Jorge RuizThat is a matter of opinion, and your read on the future growth or demise, currently i am a bit pessimistic on the market, cycles tend to be approx 9 years, and we are in year 9, the stock market is at an all time high (artificially inflated,IMO) and consumer confidence is quite high,  consumer debt is rising, again, and banks are getting loose, home buyer demand is high, and Charles Schwab is having a huge influx of new brokerage accounts.

Is $134,900 the market value of the house, or was it an artificially inflated listing price? 

I think the prices are artificially constrained because of the inability to develop new housing stock to meet the demand for housing.