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Levitt & Sons would not sell homes to African Americans... the Federal Housing Administration (FHA) conditioned essential financing for this and similar project

Levitt & Sons would not sell homes to African Americans... the Federal Housing Administration (FHA) conditioned essential financing for this and similar projects on the restriction of home sales to those of "the Caucasian race", as stipulated in housing rent and sales agreements and deed covenants. If you had dark colored skin you couldn't live there. That's as starkly about race as it can possibly get.

StanislavPetrov 7y ago
Yes, 67 years ago in 1952. Anyone can live there now if they have the money. Unfortunately, the problem in Levittown, like the problem with the rest of Long Island (and many other areas of the country) are that housing prices are massively inflated and taxes are insanely out of proportion of the services you get back for paying them. For the honor of living in an average small house in this economically depressed area you can look forward to shelling out ~$500,000 and paying $8,000+ a year in property taxes. That's the real obstacle for working people to come move to places like Levittown. A few decades ago young, working people looking to start a family could buy a house in a place like Levittown for 2-3x their annual income. Now its more like 8-10x of their annual income. It isn't economically sustainable, like much of the rest of our economic system, and it has absolutely nothing to do with racism. https://www.zillow.com/levittown-ny/ https://www.zillow.com/levittown-ny/
- roywiggins 7y ago
  White people got loan guarantees from the government in 1967 to move there. The whole thing was directly subsidized. People moving in today are not subsidized. This amounted to a big transfer of wealth to white Americans, that black Americans couldn't participate in. They were stuck paying rent for 67 years while their white "peers" were able to build equity, as they had access to cheap credit. https://www.npr.org/2017/05/03/526655831/a-forgotten-history-of-how-the-u-s-government-segregated-america https://www.npr.org/2017/05/03/526655831/a-forgotten-history...
  - StanislavPetrov 7y ago
    Which is all relevant to when this happened 60 years ago and not to working people today who were born generations after that happened. Talking about, "white America" like its some sort of monolith is idiotically reductionist. The generational disparity in wealth is magnitudes of order greater than the racial disparity. Start crying about the old people if you want a group to blame.
    - roywiggins 7y ago
      You can't blame the old black people, because they don't own homes. The rate of home ownership among whites is far and away greater than that for blacks. The average white person has some home equity. The average black person has next to none. The old people you're thinking about blaming are the old white people who took advantage of the whites-only, government sponsored, subsidized housing projects in the pre and post war years. The reason why all those old people in homes are white is because they were the only ones allowed to buy in the '50s! The median white family is worth $100k (almost entirely home equity). The average black family is worth $7,000. You don't think massive subsidies for white home ownership during the first half of the 20th century might have something.to do with it? Black people couldn't get mortgages. White people had theirs guaranteed by the Feds. It was a sweet deal. That equity didn't just evaporate. https://www.forbes.com/sites/laurashin/2015/03/26/the-racial-wealth-gap-why-a-typical-white-household-has-16-times-the-wealth-of-a-black-one/#3a9ff9501f45 https://www.forbes.com/sites/laurashin/2015/03/26/the-racial...
      - StanislavPetrov 7y ago
        I don't blame the old black people, because they were only 10% of the population. You are so obsessed with race and racism that you can't see the forest through the trees. The very real historic discrimination against blacks and other minorities has nothing to do with this article about the crumbling city of Levittown, no matter how much you want to make it about race. The economic problems that exist in Levittown, for working people, and for younger people would exist and be just as bad whether or not we ever had a racial issue. People who inject race and identity nonsense into every issue are a distraction and a roadblock from solving most issues - especially systemic economic issues that have nothing to do with race.

StanislavPetrov 7y ago

Yes, 67 years ago in 1952. Anyone can live there now if they have the money. Unfortunately, the problem in Levittown, like the problem with the rest of Long Island (and many other areas of the country) are that housing prices are massively inflated and taxes are insanely out of proportion of the services you get back for paying them. For the honor of living in an average small house in this economically depressed area you can look forward to shelling out ~$500,000 and paying $8,000+ a year in property taxes. That's the real obstacle for working people to come move to places like Levittown. A few decades ago young, working people looking to start a family could buy a house in a place like Levittown for 2-3x their annual income. Now its more like 8-10x of their annual income. It isn't economically sustainable, like much of the rest of our economic system, and it has absolutely nothing to do with racism. https://www.zillow.com/levittown-ny/ https://www.zillow.com/levittown-ny/

roywiggins 7y ago
White people got loan guarantees from the government in 1967 to move there. The whole thing was directly subsidized. People moving in today are not subsidized. This amounted to a big transfer of wealth to white Americans, that black Americans couldn't participate in. They were stuck paying rent for 67 years while their white "peers" were able to build equity, as they had access to cheap credit. https://www.npr.org/2017/05/03/526655831/a-forgotten-history-of-how-the-u-s-government-segregated-america https://www.npr.org/2017/05/03/526655831/a-forgotten-history...
- StanislavPetrov 7y ago
  Which is all relevant to when this happened 60 years ago and not to working people today who were born generations after that happened. Talking about, "white America" like its some sort of monolith is idiotically reductionist. The generational disparity in wealth is magnitudes of order greater than the racial disparity. Start crying about the old people if you want a group to blame.
  - roywiggins 7y ago
    You can't blame the old black people, because they don't own homes. The rate of home ownership among whites is far and away greater than that for blacks. The average white person has some home equity. The average black person has next to none. The old people you're thinking about blaming are the old white people who took advantage of the whites-only, government sponsored, subsidized housing projects in the pre and post war years. The reason why all those old people in homes are white is because they were the only ones allowed to buy in the '50s! The median white family is worth $100k (almost entirely home equity). The average black family is worth $7,000. You don't think massive subsidies for white home ownership during the first half of the 20th century might have something.to do with it? Black people couldn't get mortgages. White people had theirs guaranteed by the Feds. It was a sweet deal. That equity didn't just evaporate. https://www.forbes.com/sites/laurashin/2015/03/26/the-racial-wealth-gap-why-a-typical-white-household-has-16-times-the-wealth-of-a-black-one/#3a9ff9501f45 https://www.forbes.com/sites/laurashin/2015/03/26/the-racial...
    - StanislavPetrov 7y ago
      I don't blame the old black people, because they were only 10% of the population. You are so obsessed with race and racism that you can't see the forest through the trees. The very real historic discrimination against blacks and other minorities has nothing to do with this article about the crumbling city of Levittown, no matter how much you want to make it about race. The economic problems that exist in Levittown, for working people, and for younger people would exist and be just as bad whether or not we ever had a racial issue. People who inject race and identity nonsense into every issue are a distraction and a roadblock from solving most issues - especially systemic economic issues that have nothing to do with race.