Word: homeowners
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Dates: during 1960-1969
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Suburban growth has also been powerfully stimulated by the Federal Government-the FHA mortgage insurance program, which Weaver has directed for the past five years. Created in 1934, it fueled a feverish building boom that ultimately changed the U.S. from a nation of 52% renters to 62% homeown ers. Unfortunately, the housing bureaucracy has often been appallingly lacking in esthetic and environmental vision...
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