Back to the future
"The only man that doesn't make money in Florida real estate is the man that doesn't own any"
A look back at the investor madness that created a real estate boom in Florida in the 1920's.
There appear to be some similarities from the 1920s with today's investor craziness: W is nearly as conservative as Cal Coolidge; the cheap Jet Blue and Song flights are bringing the masses to Florida like the new railroads did in the '20s; and WCI Communities CEO & President Jerry Starkey is a modern day D.P. Davis.
When Underwater Lots Sold in Florida Boom [Wall Street Journal]
A look back at the investor madness that created a real estate boom in Florida in the 1920's.There appear to be some similarities from the 1920s with today's investor craziness: W is nearly as conservative as Cal Coolidge; the cheap Jet Blue and Song flights are bringing the masses to Florida like the new railroads did in the '20s; and WCI Communities CEO & President Jerry Starkey is a modern day D.P. Davis.
When Underwater Lots Sold in Florida Boom [Wall Street Journal]
posted by Mark Washburn on 8/14/2005
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