The Land Boomers by Michael Cannon

Book Description

Secondhand. Good condition. Ex library copy with no external stickers. Remnant of date due slip and borrower card packet on inside pages. Stamps on imprint page. Wear to book corners and edges. Sunning to top and right foredges. Dust jacket has some light creasing at edges and spine. Dust jacket is now enclosed in glossy protective covering.

This book discusses the 1890s economic expansion and depression. During this period of Australia's history, cities and suburbs were developed, stock exchanges boomed, land speculation promised huge profits, and thousands took on debt that they could never repay.

In the end, nearly every major bank and building society crashed, political and financial chicanery was exposed, investors lost everything, and wealthy families were bankrupt. People starved, suicided or emigrated.