by Calculated Risk on 9/04/2008 05:56:00 PM

Tropical Storm Hanna is threatening the Carolinas (and the eastern seaboard), but Hurricane Ike might be a more serious concern for Miami and South Florida. It's still early, and Ike could stay at sea - but this reminds me that the 1920s Florida housing bust had just begun when the Great Miami Hurricane of 1926 struck ... from Wikipedia:

The 1926 Miami Hurricane (or Great Miami Hurricane) was an intense hurricane that devastated Miami, Florida in September 1926. The storm also caused significant damage in the Florida Panhandle, the U.S. state of Alabama, and the Bahamas. The storm's enormous regional economic impact helped end the Florida land boom of the 1920s ...