Wednesday, April 05, 2006

$1 per square foot

The island nation of Dominica plans to sell land to squatters in 25 communities for EC$1 per square foot, according to this article from Caribbean Net News. That's about 30 to 80 percent off market land prices, the news service reports. The government is waiving any additional fees and the squatters will have two or three months to ante up.

As I remarked in a previous post, this still may be too expensive for many squatters.

I hope Caribbean Net News or some other paper actually goes and interviews squatters to determine if the price is right.

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