You have a time machine. You are looking for a real estate bargain. Where do you go?
The Post Quiz: Surprisingly Cheap Real Estate
Property traders the world over say the same thing: what matter is 'location, location, location'. But that's not entirely true. Some places are valuable because of their provenance – something famous happened there. They might be really valuable tracts of land. But if you had a time machine, you could make a killing, because some of these priceless sites used to go for a song. (Or a verse and a chorus.)
Guess when these places were cheap to own.
- What did the Roman Army have to do with the founding of Cologne?
- How much did Peter Minuit pay the Lenape Indians for Manhattan Island in 1624?
- Talk about bargains: what did the British trade the Dutch for Manhattan in 1664?
- More Dutch land acquisition: what in the world is a polder?
- What did Jefferson pay Napoleon for the Louisiana Territory in 1803?
- What did the US pay for the Philippines in 1898?
- How much did the land for Washington, DC, cost the federal government?
- Who did the US buy Alaska from?
- If you can't buy a city, make one out of patchwork. Why did people originally move to the 117 islands of Venice?
- And now a modern real estate conundrum: why are the Maldive Islanders considering moving the entire population to Australia?
Think you got all that? Click on the picture below for answers.