I love Gaetz but Forbes has the dates or amounts wrong or dad was politically connected and got some sort of sweetheart deal. Houses in Seaside could not be bought for $125,000 in 1991. I vacationed there in 1992 and the smallest houses were already worth 3-4 times that. Think about your own area. A newish house that size in Montgomery AL would have been over $200,000 at that time.
I love Gaetz but Forbes has the dates or amounts wrong or dad was politically connected and got some sort of sweetheart deal. Houses in Seaside could not be bought for $125,000 in 1991. I vacationed there in 1992 and the smallest houses were already worth 3-4 times that. Think about your own area. A newish house that size in Montgomery AL would have been over $200,000 at that time.