Agricultural Economics Department

 

Title

Free Land!

Date of this Version

May 2007

Comments

Published in Cornhusker Economics, 05/16/2007. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

Yes, that was the slogan used with the Homestead Act of 1862. But it has now taken on a slightly different meaning. The phrase “free land” today means free residential lots available to anyone pledging to build a new home in selected communities. As an incentive to entice new residents to repopulate areas of the Great Plains, this is a new and intriguing strategy.