The only argument I have for gov’t intervention in housing is this: It also ultimately added to our government’s debt and with our existing national debt, there’s no way to duplicate it. It allowed the gov’t to claim that they’d made good on “the American Dream” which was part of what people had been told they were fighting to defend. It did get returning soldiers back to work, and that allowed young families to take advantage of those gov’t.

Simply put: post war it was easier to keep supplies up for building wood-frame houses than it was for building mostly metal cars. It kickstarted production by focusing on an industry that, at the time, relied heavily on a “renewable resource” - lumber. That housing boom was heavily supported by government-backed low-cost mortgages (not from banks!) which allowed the government to make the economy look better fast by delaying debt while increasing major purchases.

In Post-War 1950s America, there was a housing boom driven by several factors including a need to: find jobs for soldiers returning home, drive production while supplies were limited, follow through on the propaganda used to make the public accept the war, rebuild the economy, and much more. Paywalled article? Place a tl dr of it in the comments Use the search to see if the topic has been posted in the past 24 hours. Multiple posts on the same topic will be removed. Editorialize in the comments.įor opinions and discussions, use Text Post and add links in there. No Doxxing Allowed!!! Result: Permanent banįor Linked Posts, Keep the Original Title. insulting, harassing, threatening, or wishing the demise of other users.broad generalizations about groups of people.Incivility includes but isn’t limited to: We want to encourage a respectful discussion. Come see what we have to offer and hang out with us!īe civil. We are home of several bands and musicians such as Frank Ocean, Sublime, Snoop Dogg, and Vince Staples, just to name a few. We have several museums and host many festivals and cultural events like the The Long Beach Lesbian and Gay Pride Parade and Festival (The 3rd largest in the US!). Welcome to the official subreddit of Long Beach, California! We are known for our Queen Mary, Aquarium of the Pacific, and hosting of the Grand Prix.

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