Buy North Dakota Land, Become a Millionaire
Cross-posted from Dakota Lifestyle: Beyond the Weather
It struck me that land prices in northwestern North Dakota are going to go up dramatically because of the oil boom in the Bakken oil shale area. Jame’s McPherson’s article about oil making overnight millionaires in North Dakota is all over the web this morning.
I wondered what that idea will do to small towns like Crosby that have been giving away practically free land in the past decade or so. Will people come to North Dakota to buy land, hoping to sell or lease the mineral rights and become millionaires themselves? I’m very curious to see how it will affect ND real estate in the next year.
