Would You Sell Your House for a Tulip?
April is tulip time. At this time of year we can see this beautiful flower decorating gardens throughout the Northern Hemisphere.
And we are reminded of how valuable a commodity tulips bulbs once were.
During the 1630s, Holland was struck by tulip mania.
The price of tulip bulbs was so high at times that some people spent several years’ salary just to buy one.
Tulip mania is often viewed as one of the first economic bubbles.