"$10 million to $50 million and house a few dozen people and that the initial residents would most likely be middle-income buyers from the developed world. He added that the institute was seeking to build the islands in what would be a nautical version of a special economic zone and that it would showcase innovations in solar power, sustainable aquaculture and ocean-based wind farms.
The project’s leaders face many hurdles, such as building waste-management systems for the islands and convincing investors to buy property in such an untested environment. Joe Quirk, a spokesman for the Seasteading Institute, said in a 2014 video that the cost of housing on the artificial islands would initially be on par with real estate in London or New York City."
https://www.nytimes.com/2017/01/27/world/australia/climate-change-floating-islands.html
The project’s leaders face many hurdles, such as building waste-management systems for the islands and convincing investors to buy property in such an untested environment. Joe Quirk, a spokesman for the Seasteading Institute, said in a 2014 video that the cost of housing on the artificial islands would initially be on par with real estate in London or New York City."
https://www.nytimes.com/2017/01/27/world/australia/climate-change-floating-islands.html