Thread

Palantir founder purchases large swath of forest in Sweden

119 points · 94 comments · davidja

bpodgursky · 1790629495 · focus · HN ↗
$600/acre for timber forest???
I had no idea Sweden was this cheap. Why wouldn't he drop $22mm on this...
1. mahboi · 1790629718 · focus · HN ↗
  Guessing it's more expensive if you're buying less, otherwise I kinda want to buy 4 acres.
  1. robin_reala · 1790630511 · focus · HN ↗
    Cheapest I can find in Härjedalen with at least 4 acres is this 70 acre plot for 400k SEK or 40.2k USD: <a href="https://www.hemnet.se/bostad/gard-harjedalens-kommun-overberg-21774566" rel="nofollow">https://www.hemnet.se/bostad/gard-harjedalens-kommun-overber...
    s1artibartfast · 1790632987 · focus · HN ↗
    not really comparable. That looks to a parcel with road and and nearby power access, within a few km of a small town that has an airport.
    Quite cheap tho!
2. khat · 1790629933 · focus · HN ↗
  [dead]
3. nazgulsenpai · 1790630033 · focus · HN ↗
  Perhaps there's a reason Sweden wants him to have all of this land.
  1. Hikikomori · 1790630768 · focus · HN ↗
    No he can fuck off please
    nazgulsenpai · 1790688852 · focus · HN ↗
    I mean that as the government's incestuous relationship with surveillance tech, not as a positive thing.
4. moralestapia · 1790630104 · focus · HN ↗
  Nothing to see here. There's no corruption in the civilized world, even less in Nordic countries which are maximally developed culturally and socially.
5. Ekaros · 1790630472 · focus · HN ↗
  It is somewhat north. So I would expect potential income to be in line. Thus price can be relatively low and there still is not much profit.
6. sorenjan · 1790631954 · focus · HN ↗
  Considering where it is it might be protected from logging, so the economic value of the land might be low. The seller is a paper manufacturer, so if they could get more value from it they would have charged more.
7. eigenspace · 1790855115 · focus · HN ↗
  Not super familiar with this part of Sweden, but at least for similarly remote parts of northern Canada, if you're buying crown land with no road access, no facilities, etc it can be similarly cheap when buying large parcels.
  Not a particularly surprising number.

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