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Examples
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Lehigh Acres was carved out of scrub land and cattle farms in the 1950s by a Chicago businessman, Lee Ratner, who had made a fortune on d-CON rat poison, says Gary Mormino, a history professor at the University of South Florida in St. Petersburg.
House Is Gone but Debt Lives On Jessica Silver-Greenberg 2011
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“Florida, like the rest of the world, was, until fairly recently, very young,” observes Gary Mormino, professor at the University of South Florida in Tampa and one of the leading historians of the state.
Shock of Gray Ted C. Fishman 2010
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Trailer parks for travelers morphed into residential trailer parks and trailer courts for people who used mobile homes as low-cost housing in what Mormino calls “The Florida Dream.”
Shock of Gray Ted C. Fishman 2010
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I have ransacked the work of a number of distinguished Florida historians, including Alien Morris, Gary Mormino, William W. Rogers, Jerald T.
Dream State Diane Roberts 2008
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But to Florida historian Mormino, it appears no one - including Obama - has any answers.
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In the meantime, the lack of confidence in the state's housing market "lies at the very centre of Florida's malaise right now," said Mormino, who coined the term "Ponzi State" to describe Florida's finances because of its dependence on thousands of fresh visitors to bring in revenues, all the while keeping Floridians' taxes low.
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Lehigh Acres was carved out of scrub land and cattle farms in the 1950s by a Chicago businessman, Lee Ratner, who had made a fortune on d-CON rat poison, says Gary Mormino, a history professor at the University of South Florida in St. Petersburg.
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But Mormino's also concerned over what he says is a lack of debate in Florida about the state's future, as politicians and business leaders here push for more deregulation and boosting enticements for tourists to get back to pre-2008 growth levels, instead of ridding Florida's Ponzi-esque dependence on fresh outsiders coming in.
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Property owners, Mormino told CBC News, have been forced to master new terms like flipping, underwater mortgages and short sales, while witnessing the macabre spectacle of prospective buyers taking foreclosure boat and bus tours to evaluate properties.
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"Florida has just been devastated for the last four or five years," said Gary Mormino, a history professor and co-director of the Florida Studies program at South Florida University St. Petersburg.
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