CAn I still get land in Alaska for cheap?
March 21, 2004 4:55 PM Subscribe
My Dad, who worked as a social worker for natives in southern Alaska for the year of 1963, says at the time there was a program wherein you could get for free 150 acres of your choice of undeveloped land, if you helped establish civilization there by building a cabin etc., then IIRC after a couple of years paid a relatively small fee. Someone he'd met had a free island 3 days by boat from civilization. And, of course, large parts of the state were up for dollars or even cents an acre anyway. But now even more remote smallish Alaskan islands are sold in the millions, and I hear nothing about obscenely low land prices anymore. What has happened? Has that program disappeared, and why? Have private interests bought up all of thousands of acres of tundra (certainly not using it all!)? It's an interesting economic phenomenon, a ten-thousandfold (or infinityfold) property value growth.