
New Books in Economics Edward Berenson, "Perfect Communities: Levitt, Levittown, and the Dream of White Suburbia" (Yale UP, 2025)
Aug 13, 2025
Edward Berenson, a history professor at NYU and author of 'Perfect Communities,' dives into the life of William Levitt, the man behind modern suburbia. He discusses how Levittown emerged as a solution to post-WWII housing shortages, offering affordable homes that shaped the American Dream. However, Levitt's legacy is marred by exclusionary practices that reinforced racial segregation. Berenson reflects on how these developments not only influenced housing trends locally but also had lasting global implications, revealing the complexity of suburbia's history.
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FHA Policy Enabled Affordable Mortgages
- Federal Housing Administration guarantees and long amortization periods lowered mortgage costs and expanded homebuying markets.
- FHA backing made Levitt homes affordable with monthly payments as low as $58, fueling mass demand.
Policy And Practice That Enshrined Racial Segregation
- FHA underwriting and redlining favored racially homogeneous suburbs, treating integrated neighborhoods as higher risk.
- Levitt adopted these assumptions and restricted sales to white buyers, shaping long-term segregation and wealth gaps.
Myers Family Faced Riots In Levittown
- In Levittown, Pennsylvania, the Myers family bought a house in 1957 and faced violent mobs, burns of crosses, and state police intervention.
- The episode forced court action and left the Myers uncomfortable, staying only four years.



