How Pithole, Pennsylvania Went From 20,000 People to Ghost Town in 18 Months — The Fastest Boom...

How Pithole, Pennsylvania Went From 20,000 People to Ghost Town in 18 Months — The Fastest Boom and Bust in American History In September 1865, a farm in western Pennsylvania sold for $2 million. It had 500 lots, 54 hotels, 3 churches, and the third busiest post office in the state. Thirteen years later, the same land was purchased back by the county for $4.37. This is the story of Pithole, Pennsylvania — a city of 20,000 people that appeared from nothing in January 1865 and was effectively gone by 1867. Who made the money, who lost everything, and why nobody saw it coming. Every video on this channel tells the story behind American institutions — who built them, who profited, and who paid the price. 🔔 Subscribe for new videos every week. 📌 Richard Brown — American History, Follow the Money.