Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression by Christopher Knowlton

Unsound loans, new mortgage derivatives, and dishonest sales practices combine to pump a real-estate boom into a frenzied bubble that bursts with devastating consequences for the national economy: It could be a synopsis of the Michael Lewis best-seller The Big Short. But in Bubble in the Sun, veteran journalist Christopher Knowlton is describing instead the Jazz Age land rush that jump-started Florida’s development and proved, once again, that the mere idea of year-round summer can make otherwise sane people do extremely crazy things.

How crazy?