Since war's end, the U.S. has learned to build houses with the same mass-production hustle with which it pops out cars and toasters. All the conditions were ripe for the postwar revolution in housing. There was the huge pent-up demand of the war, plus the requirements of more than twelve million marriages, 21 million babies in the last seven years. The money to build was also there; savings were at an alltime high and the Federal Government's easy credit permitted an ex-G.I. to buy a $10,000 house with no down payment and 25 years to pay.
The Administration wisely avoided one big...