Wednesday, March 24, 2010
Iowa Land Prices compared to White Reading
In the White reading, I thought that it was interesting that the United States used land as a type of currency. Whenever they needed to pay a state or individual they would give them land somewhere in the Midwest. They never really balanced a budget, but they used "unlimited" land supplies to pay for items that they needed.
Also, I did some research to see how much land prices have increased from the $2.00 to $2.25 dollars per acre. http://www.landandfarm.com/lf/asp/search_results.asp?landstateid=20
At this website there is 160 acres of farmland for sale in Dallas county Iowa for $14,375 an acre.
I thought that this was a really interesting comparison since it also was 160 acres.
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