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This technique was used notably by the Gulf American Land Corporation in the communities of Cape Coral and Golden Gate Estates, Florida (for which they were found guilty of fraud by the Florida Land Sales Board [7]). It was a form of confidence trick. The new owners came to find their land was underwater in a swamp or in some other way ...
He was also one of the first to market the land in small tracts to would be future residents. Born on August 1, 1843, in 1908 he purchased 500,000 acres (2,000 km 2) of undeveloped land from the state of Florida at the price of two dollars an acre. He went on to sell this land, sight unseen to unknowing non-residents.
Gulf American Land Corporation (GALC) was a land development company in Florida founded by brothers Leonard and Jack Rosen. During the late 1950s and 1960s, GALC was the largest land sales company in the United States. [2] The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land ...
The collapse of Florida land values caused a severe financial crisis for the state government. Land values had dropped nearly to the vanishing point, but the property was subject to property tax assessments far in excess of its current value. Many property owners simply abandoned the property and did not pay the taxes.
Hawaii Housing Authority v. Midkiff, 467 U.S. 229 (1984), was a case in which the United States Supreme Court held that a state could use eminent domain to take land that was overwhelmingly concentrated in the hands of private landowners and redistribute it to the wider population of private residents.
Hamilton Disston (August 23, 1844 – April 30, 1896) [1] was an American industrialist and real-estate developer who purchased 4 million acres (16,000 km²) of Florida land in 1881, an area larger than the state of Connecticut, and reportedly the most land ever purchased by a single person in world history.
Homer Hoyt (June 14, 1895 – November 29, 1984) was an American economist known for his pioneering work in land use planning, zoning, and real estate economics. [2] He conducted notable research on land economics and developed an influential approach to the analysis of neighborhoods and housing markets .
Tetrapods on Graciosa Island, Azores Tetrapods in Latvia Tetrapods protecting a marina on Crete, Greece.. A tetrapod is a form of wave-dissipating concrete block used to prevent erosion caused by weather and longshore drift, primarily to enforce coastal structures such as seawalls and breakwaters.