As I was working on my paper, I came across a very interesting fact about homesteading. According to the Homestead Act, any person could obtain 160 acres of land free of charge. A small filing fee was charged, but other than that, the land was basically given away. After 6 months of residing and working on the land, it could be purchased for $1.25 per acre. It blows my mind that land was so cheap in the 1800s-buying 5 acres of land would be like buying a pack of cigarettes today! Today, an acre of land can be purchased for somewhere between $500 and 500 million depending on the location. Regardless, it's crazy to see how times have changed.
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