[chrisco255]

You'd probably be hard pressed to find a home for less than $250K even there today. And I've seen more than a few wetlands filled in with dirt to build apartment complexes and neighborhoods on in Florida. To be fair, there are several huge over-sold neighborhoods in Florida that never met the hype, but for every one of them there are real success stories too.

[Ironchefpython]

My point is the majority of speculators lost most of their money in the short-term, and didn't live long enough to see the value of their investment appreciate, and for most people that would qualify as a failed investment.