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Comment by evjim

9 years ago

Homesteading act could still be applicable in modern times. Ownership of real property is low and a large part of most American's budget. If people didn't have to pay rent and mortgages every month, everybody but banks would be wealthier.

Not sure it would do a low income person much good to own 50 acres in the middle of nowhere.

  • Not 50 acres. Give people a quarter acre to 10 acres. So they could still live in or around a small town.