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The Yazoo land fraud is often conflated with the Pine Barrens speculation, another land scandal that took place in east Georgia at about the same time. In this case, the state's high-ranking officials were making multiple gifts of land grants for the same parcels, resulting in the issuance of grants totaling much more land than was available in ...
The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [1]
The land was portrayed as fertile when in reality it was a pine barren. [1] The Pine Barrens speculation is often conflated with the Yazoo land scandal, which occurred at about the same time and dealt with land in present-day Alabama and Mississippi. The Yazoo scandal "quickly overshadowed" the Pine Barrens scandal. [1]
Pine barrens, pine plains, sand plains, or pineland areas occur throughout the U.S. from Florida to Maine (see Atlantic coastal pine barrens) as well as the Midwest, West, and Canada and parts of Eurasia. Perhaps the most well known pine-barrens area to North Americans is the New Jersey Pine Barrens. Pine barrens are generally pine forests in ...
The Pine Barrens seemed to McPhee to be the last vestige of wilderness in what he believed would become an unbroken city from Boston to Richmond. New Jersey at the time had nearly 1,000 residents per square mile, and parts of northern New Jersey had 40,000 people per square mile. The Pine Barrens had 15 people per square mile.
Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically for any scam that misrepresents what is being sold.
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