Swampland Speculation: The Collapse of the Florida Land Boom

How did thousands of rational American investors willingly sink their life savings into buying underwater swampland they had never even seen? The answer lies in the manic, feverish speculation of the 1920s Florida Land Boom. Fueled by the post-WWI economic boom and the rise of the automobile, the promise of a tropical paradise sparked a frenzy of real estate speculation. "e;Binder boys"e; sold c...