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Florida s real estate boom crashes in Bubble in the Sun
Florida s real estate boom crashes in Bubble in the Sun By Colette Bancroft, Tampa Bay Times © Simon & Schuster/Tampa Bay Times/TNS Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression by Christopher Knowlton “Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression” by Christopher Knowlton; Simon & Schuster (411 pages, $30) The value of Florida real estate soars to giddy heights, homes doubling and tripling in price, bare lots in planned developments selling out and flipping before the ink is dry on the closing papers. Homeowners and investors alike plunge into new financial products, caught up in the frenzy of speculation. Fortunes grow even faster than buildings rise.
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