On what was once an old sugar-beet field ten miles southeast of Los Angeles, 30,000 people stampeded one day last week. They were there for the first sale of houses in Lakewood Park, the biggest U.S. housing project.
The prospective buyers stormed in and around seven sample stucco and wood houses, priced from $8,000 for two bedrooms to $9,000 for three. All had automatic garbage-disposal units, stainless steel kitchens, picture windows and garages. By week's end 611 houses had been sold (no down payment for veterans, one-third for others), and the buyers could...
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