The federal government owns 628,801,639 acres.
http://www.fas.org/sgp/crs/misc/R42346.pdf
The federal debt is ~$17.6 trillion. http://www.usdebtclock.org/
$28 thousand an acre for mostly desert scrub brush?
The federal government owns 628,801,639 acres.
http://www.fas.org/sgp/crs/misc/R42346.pdf
The federal debt is ~$17.6 trillion. http://www.usdebtclock.org/
$28 thousand an acre for mostly desert scrub brush?
mineral rights, could be nearly priceless.
My family owns mineral rights on land in several areas of Texas and even though we only own a fraction of a percent of the minerals we regularly get unsolicted offers of half a million or more for them. Now... this is JUST the mineral rights, we don’t even own the land anymore.
Much of this land by the way would appear to be just worthless scrub if you were to see it while driving by.
Now imagine how much federal land in scenic areas like Wyoming and Colorado is worth.