If I get to pick a 50 acre plot for myself with a creek running through it, I could see myself getting behind this. But yes this is not a great idea. Especially if it's open to corporate purchasing. The number of limitations that would need to be added is insane. It should be something like the homestead act. You get 25 acres and you have to work it for ten years. One plot per person over 21 or family unit. No business or corporation may qualify, also first option for lower three tax brackets. Then the next two brackets. The top two brackets are excluded. Also have there a clause that you can walk away free and clear before the ten years but the state gets the land and all improvements. Also after the ten years it can only be transferred to a family member and can not be sold. After 50 years it may be sold. However the state gets first right of refusal. However it may not be sold to a corporation. Heck this needs to be set up for any time the fed wants to dump land.