What would happen if you bought a ghost town?

Post date: 2020-08-07 10:58:50
Views: 392
A real estate listing for a private island with a cottage and some outbuildings had me curious about what rules govern these things. If someone bought such a property—private island, ghost town, land that is otherwise not part of a city—could they do whatever they wanted with it?

I'm thinking about the stories here of people starting 'pandemic pods' and things like this to continue socializing during These Times. If money was no object (alas, for me, it is, but hypothetically) could me and 10 friends go in on the island cottage and start our own town? Could we plant gardens and install solar panels and make a whole society there? Would the owner of a ghost town, or island or something like this need building permits? Would there be any rules governing their behaviour in such a circumstance?
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
The private space race is spurring a luxury hotel land grab for Florida oceanfront property
Thursday's big stock stories: What’s likely to move the market in the next trading session
Financials have the market's deepest bench of near-breakouts
Jim Cramer says this chipmaker is still a buy after soaring more than 200% this year
Fed holds rates steady, pares down statement to remove cutting bias
People with high sleep needs?
Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal
Treasury 2-year yield post-Fed spike 'exaggerated' or is there room for more? Strategists weigh in
Why Wall Street banks and foreign borrowers are rushing to tap China’s cheap money
China to return as major oil buyer in August, JPMorgan says, naming its top stock picks