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The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [1]
Hamilton Disston (August 23, 1844 – April 30, 1896) [1] was an American industrialist and real-estate developer who purchased 4 million acres (16,000 km²) of Florida land in 1881, an area larger than the state of Connecticut, and reportedly the most land ever purchased by a single person in world history.
A pattern of political and financial motivation, and a lack of understanding of the geography and ecology of the Everglades have plagued the history of drainage projects. The Everglades are a part of a massive watershed that originates near Orlando and drains into Lake Okeechobee, a vast and shallow lake. As the lake exceeds its capacity in the ...
During the land acquisition process for the Everglades National Park in the 1950s, the NPS was hindered by the many real estate title issues at the property; in 1958, the Miami Herald reported that 1,350 people were still paying taxes on land owned in the "phantom town", [16] and over 2,000 lots were still privately owned in 1960. [1]
The major subject covered in the collection is the drainage of the Everglades and the development of South Florida lands. Additional topics include real estate, race relations, education, labor unions, liquor, taxes, transportation, waterways, railways, and Broward's campaigns for governor and the U.S. Senate.
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street crash of 1929 forcing little development in the state and a land bust. [6]
There were more houses for sale on the Treasure Coast in October than in September, but they cost more, took longer to sell and fewer sold, according to data Florida Realtors released Nov. 21.
The Everglades: An Environmental History. University Press of Florida. ISBN 0-8130-2302-5; Ripple, Jeff (1992). Big Cypress Swamp and the Ten Thousand Islands: Eastern America's Last Great Wilderness, University of South Carolina Press. ISBN 0-87249-842-5; Tebeau, Charlton (1968). Man in the Everglades: 2000 Years of Human History in the ...