The Swamp Peddlers: How Lot Sellers, Land Scammers, and Retirees Built Modern Florida and Transformed the American Dream
Florida has long been a beacon for retirees, but for many, the American dream of owning a home there was a fantasy. That changed in the 1950s, when the socalled “installment land sales industry” hawked billions of dollars of Florida residential property, sight unseen, to retiring northerners. For only $10 down and $10 a month, workingclass pensioners could buy a piece of the Florida dream: a graded home site that would be waiting for them in a planned community when they were ready to build. The result was Cape Coral, Port St. Lucie, Deltona, Port Charlotte, Palm Coast, and Spring Hill, among many others—sprawling communities with no downtowns, little industry, and millions of residential lots.
In The Swamp Peddlers, Jason Vuic tells the raucous tale of the sale of residential lots in postwar Florida. Initially selling cheap homes to retirees with disposable income, by the mid1950s developers realized that they could make more money selling parcels of land on installment to their customers. These “swamp peddlers” completely transformed the landscape and demographics of Florida, devastating the state environmentally by felling forests, draining wetlands, digging canals, and chopping up at least one million acres into gridlike subdivisions crisscrossed by thousands of miles of roads. Generations of northerners moved to Florida cheaply, but at a huge price: highpressure sales tactics begat fraud; poor urban planning begat sprawl; poorlyregulated development begat environmental destruction, culminating in the perfect storm of the 21stcentury subprime mortgage crisis.
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In The Swamp Peddlers, Jason Vuic tells the raucous tale of the sale of residential lots in postwar Florida. Initially selling cheap homes to retirees with disposable income, by the mid1950s developers realized that they could make more money selling parcels of land on installment to their customers. These “swamp peddlers” completely transformed the landscape and demographics of Florida, devastating the state environmentally by felling forests, draining wetlands, digging canals, and chopping up at least one million acres into gridlike subdivisions crisscrossed by thousands of miles of roads. Generations of northerners moved to Florida cheaply, but at a huge price: highpressure sales tactics begat fraud; poor urban planning begat sprawl; poorlyregulated development begat environmental destruction, culminating in the perfect storm of the 21stcentury subprime mortgage crisis.
The Swamp Peddlers: How Lot Sellers, Land Scammers, and Retirees Built Modern Florida and Transformed the American Dream
Florida has long been a beacon for retirees, but for many, the American dream of owning a home there was a fantasy. That changed in the 1950s, when the socalled “installment land sales industry” hawked billions of dollars of Florida residential property, sight unseen, to retiring northerners. For only $10 down and $10 a month, workingclass pensioners could buy a piece of the Florida dream: a graded home site that would be waiting for them in a planned community when they were ready to build. The result was Cape Coral, Port St. Lucie, Deltona, Port Charlotte, Palm Coast, and Spring Hill, among many others—sprawling communities with no downtowns, little industry, and millions of residential lots.
In The Swamp Peddlers, Jason Vuic tells the raucous tale of the sale of residential lots in postwar Florida. Initially selling cheap homes to retirees with disposable income, by the mid1950s developers realized that they could make more money selling parcels of land on installment to their customers. These “swamp peddlers” completely transformed the landscape and demographics of Florida, devastating the state environmentally by felling forests, draining wetlands, digging canals, and chopping up at least one million acres into gridlike subdivisions crisscrossed by thousands of miles of roads. Generations of northerners moved to Florida cheaply, but at a huge price: highpressure sales tactics begat fraud; poor urban planning begat sprawl; poorlyregulated development begat environmental destruction, culminating in the perfect storm of the 21stcentury subprime mortgage crisis.
In The Swamp Peddlers, Jason Vuic tells the raucous tale of the sale of residential lots in postwar Florida. Initially selling cheap homes to retirees with disposable income, by the mid1950s developers realized that they could make more money selling parcels of land on installment to their customers. These “swamp peddlers” completely transformed the landscape and demographics of Florida, devastating the state environmentally by felling forests, draining wetlands, digging canals, and chopping up at least one million acres into gridlike subdivisions crisscrossed by thousands of miles of roads. Generations of northerners moved to Florida cheaply, but at a huge price: highpressure sales tactics begat fraud; poor urban planning begat sprawl; poorlyregulated development begat environmental destruction, culminating in the perfect storm of the 21stcentury subprime mortgage crisis.
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The Swamp Peddlers: How Lot Sellers, Land Scammers, and Retirees Built Modern Florida and Transformed the American Dream
268
The Swamp Peddlers: How Lot Sellers, Land Scammers, and Retirees Built Modern Florida and Transformed the American Dream
268
32.5
In Stock
Product Details
| ISBN-13: | 9781469663333 |
|---|---|
| Publisher: | The University of North Carolina Press |
| Publication date: | 06/21/2021 |
| Pages: | 268 |
| Product dimensions: | 6.10(w) x 9.10(h) x 0.80(d) |
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