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Most of the people that were buying the bulbs were hoping to resale the bulbs in order to make a profit, not to actually plant the flowers! While the average income for a person in those days was only 150 florins, many people were buying the tulips at 1,000 florins and up. Some people were even beginning to liquidate their assets, selling their land and their home.
While this may seem crazy, many people at the time believed that buying up tulips was a fantastic investment. While the buying was good, many people made an excellent profit off of selling the flowers. However, by 1637, the people were beginning to realize how foolish they had been by investing so much money into a flower...
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