Sunday, May 7, 2017

This Day In History


7 May, 1947 - U.S.A. Levittown, New York
7th May, 1947 : Levitt and Sons, Builders announce a 2,000 home rental community at Island Trees later becoming Levittown, Hempstead, Long Island, New York ideal for GI's returning home following the end of World War II, the project used a new type of construction based on mass-production housing never used before, due to the prefabricated design they could build 30 houses a day. Following the success of the project they announced a further 4,000 homes which would be for sale not rental, offering ownership on a 30-year mortgage with no down payment and monthly costs the same as rental. After two years they began offering a larger home "a ranch house" 32 feet by 25 feet ( 800 Sq Ft ) for $7,990. The concept was copied all over the United States and modern suburbia was born. 

Taken from: http://www.thepeoplehistory.com/may7th.html

No comments:

Post a Comment

ShareThis