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Florida-housing-market-716305.jpg

Florida-housing-market-716305.jpg

Summary: similarities between 1926 and 2006. Now we have condo flipping , and the 1920s real estate boom had its binder boys who speculated in and greatly influenced the Florida housing market. In those days, binder boys typically marketed 5 percent down payments to hold properties for 30 days. During those 30 days, the binder might be resold dozens of times while the property price

Image Dimensions: 400 x 318

Image originally found here.