---
title: ""$10 million to $50 million and house a few dozen people and that the…"
date: 2017-01-27
source: facebook
type: Archer T. Ships shared a link.
---

# "$10 million to $50 million and house a few dozen people and that the…

*January 27, 2017 · Facebook*

::::: {}
::: {}
[https://www.nytimes.com/2017/01/27/world/australia/climate-change-floating-islands.html](https://www.nytimes.com/2017/01/27/world/australia/climate-change-floating-islands.html){target="_blank"}
:::

::: {}
\"\$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](https://www.nytimes.com/2017/01/27/world/australia/climate-change-floating-islands.html){target="_blank"}
:::
:::::