Word: levittowners
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Dates: during 1950-1959
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Most builders were cheered by the changes. Said Levittown Builder William J. Levitt: "The new terms are a healthy stimulant to housing. They will enable the homebuilding industry to pull out of its nose dive starting right now, and housing starts should climb well over the 1,000,000 mark next year...
...continued volcanic - and unpredictable - activity has made him a phenomenon almost unique in the history of art. No other artist has ever commanded so wide a fame in his own lifetime. His name is almost a synonym for modern art. His works have set off debates in Levittown living rooms, rocked the cafes of Montmartre, built up pressures in Moscow. If a friend in need asks for help, Picasso can manufacture money simply by sketching a few lines on the back of a menu and adding his dramatic signature. His vintage works (Blue, Rose, and early Cubist periods) bring prices...
Free to Choose? On June 15, 1955 Judge Reynolds gave the Ellises 48 hours to surrender Hildy. Frances Ellis took Hildy and went to Tuckahoe, N.Y., the first of several stops on an underground railroad manned by friends and relatives. Her husband followed. Together they moved to Levittown, Pa. (then left after Hildy was mentioned in a newspaper as a birthday-party guest), White Plains, N.Y., New York City, Thompsonville, Conn., Scarsdale, N.Y., and Portland...
...most of Aramco's Americans come to Arabia with no sense of mission. In Dhahran they have created a Levittown complete with automatic dishwashers, bowling alleys, ladies' socials and nightly movies. Their pay is 25% above comparable jobs in the U.S. and tax free-but they growl about the heat, curse the dust, and count the days until they can return home and buy that restaurant or farm with the money they have saved. Saud's rigid Moslem code imposes added irritants. Books are banned (apparently in fear of subversive literature). Wives are irritated by the Saudi...
...builders-and fewer economists -look for much improvement from the new FHA rates. "The FHA move is a drop in the bucket," wired Levittown Builder William Levitt to President Eisenhower, adding politely, "but when your bucket is dry, even a drop tastes good." Low-interest VA and FHA mortgages simply cannot compete in the tight-money market where businessmen are paying interest rates of 5½% to 6% without a murmur. Even in the mortgage market itself, conventional, non-Government insured loans currently bring as much as 6% in many areas, are far more attractive to banks, life insurance companies...