Landing on a value for the United States
It might just be the the real estate story to end all real estate stories.
There’s a new paper out from the Bureau of Economic Analysis in the Commerce Department about the value of the land in the United States — well, the 48 contiguous states, at least.
It all adds up to 1.89 billion acres, worth a grand total of approximately $23 trillion. California is cited as the most valuable state, and Wyoming the least.
The federal government owns 24 percent of all the land by area, but just 8 percent by dollar value.
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