Retrieving "United States Urban History" from the archives

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1. Land Speculation

   Linked via "American cities"

   Flipping and Options Contracts
   The simplest mechanism is "flipping," where land is purchased and resold rapidly before any significant physical changes occur. More sophisticated actors utilize options contracts, securing the right (but not the obligation) to purchase a parcel at a fixed price within a specified window. This allows speculators to leverage minimal capital against large potential gains. A common tactic involved securing options just before municipal zoning decisions were f…