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A City Built on Lies. Why Did People Invest Billions in Homes that Are Doomed to Go Under Water? - Onlíner Real Estate
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In the 1960s, tens of thousands of Americans sold Florida as a paradise without winter and without worries, building endless labyrinths of single-story buildings for them from scratch. In 1970, when this settlement officially received urban status, only 10,000 lucky people lived there who fled to the Sunny State for the warm blue sea, golf and fishing from regions with a much less merciful climate. Now the city's population has grown to 250,000 …
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