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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (25889)	12/12/2004 6:55:32 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

The era of the "Binder Boys" in Florida was similar in scope to the real estate Boom of the 1880s in Southern California. floridahistory.org "http://www.floridahistory.org/floridians/1920's.htm" an error in the SI program drops the ".htm" from the end of this this link. To reach the website, add it back on. This was an era when the maps for most of the cities in Southern California were recorded, even though any physical manifestation of those cities may not have appeared for 30 or 40 years. A classic speculative land bubble. In Southern California, it was common to bring in the potential buyers on a special purpose narrow Gage railway to the promoters subdivision, or failing that in hired carriages. The suckers would be met with a band and free picnic lunch. A comprehensive book on the era is "The Boom of the Eighties" by Glen Dumke, published by the Huntington Press. From 1880, total land valuation rose four-fold by 1890 before collapsing, by 1895, to valuations close to those in 1880. Change in total Real Estate valuation from bottom to top: . home.pacbell.net Total Real Estate Transactions: . home.pacbell.net Population changes during the real estate boom and bust: . home.pacbell.net .