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They'll pay you upfront, but will you pay for the rest of your life?
While 54% of Americans lived in rural places in 1910, that number fell to 19 percent by 2010, Zillow reported. To revive their communities, these places are hoping that everything from cash grants to paying off student loans and giving away free land will help draw a younger generation to them.
But it's not just small towns that hope to draw more people to them with these programs. Some cities like Baltimore and even entire states like Alaska will pay you to be their newest resident.
Tribune, Kansas will pay off $15,000 of your student loans. Marne, Iowa will give you free land if you build a house that's at least 1,200 ft2 on it. Baltimore, Maryland will give you a $5,000, 5yr forgivable loan and $10,000 down payment toward rehabilitating abandoned homes.
Tempted?
(Score: 3, Interesting) by mmcmonster on Saturday November 11 2017, @04:07PM (1 child)
I've got friends that are nearing retirement age. They want to move to a rural area and are looking at some of these so that they can actually afford a place. (Money is tight for them, as is for many others.)
They've settled on Alaska and have been visiting there a couple times a year for the last couple years. They like the seclusion and the weather and the lack of taxes isn't too bad. They hunt and are used to taking care of all their needs on their own. Your mileage will certainly vary. I know I could never live there.
(Score: 2) by Adamsjas on Saturday November 11 2017, @10:50PM
Tough place to live on an retirement income.