Question

During Florida’s land boom, sellers who took advantage of investors by encouraging them to buy properties sight unseen were

Answer 1

D. Committing fraud. :)

Answer 2

The correct answer is D) committing fraud.

During Florida’s land boom, sellers who took advantage of investors by encouraging them to buy properties sight unseen were committing fraud.

The Florida Land Boom was a time during the 1920s was a real state bubble that attracted many people to Florida to but property in cities such as Miami Shores, Holywood, Coral Gabbles, and Miami Springs. But easy credit access and speculators represented a real problem that ended many projects and people in debt as was the case of property in Boca Raton, Aladdin City or Biscayne Bay.