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Formwalt's planters are in the top 4.5% of landowners, translating into real estate worth $6,000 or more in 1850, $24,000 or more in 1860, and $11,000 or more in 1870. [49] In his study of Harrison County, Texas, Randolph B. Campbell classifies large planters as owners of 20 people, and small planters as owners of between 10 and 19 people. [50]
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.
Maroochydore Boarding House, Queensland, circa 1917. Boarding houses were common in most US cities throughout the 19th century and until the 1950s. [3] In Boston, in the 1830s, when landlords and their boarders were added up, between one-third and one-half of the city's entire population lived in a boarding house. [3]
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Old homes are cheap to insure. Contrary to a common home insurance myth, insuring older homes is not always cheaper than insuring newer ones.
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