In Manhattan newspapers home-hunting ex-G.I.s read the ad with pleased surprise. "It's Mister Kilroy now ... for $70 a month." For the $70 and $1,000 down, a veteran could buy a brand new, three-bedroom house, with log-burning fireplace, new gas range, Venetian blinds, gas burner and a landscaped plot 75 by 100 feet. Total cost: $9,990, well under what similar older houses were selling for in the East. What was the catch?
Veterans who hustled 20 miles out to the site at Westbury, L.I. found none. In fact, they could buy the houses with no down payment at all...
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