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Uproar Over Real Estate Schemes in Cape Coral Boom
A 1970s critique of land development schemes highlights Cape Coral Florida as a cautionary tale. GAC Properties faced losses from a sales surge and cancellations, while buyers recall strong promises that failed to materialize. The piece notes retiree buyers from the East and questions the viability of rapid growth and inflated campaigns.
MENTIONED IN THIS ARTICLE
Florida
California
Baja Calif
Cape Coral
Fort Myers
GAC Properties