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tv   Documentary  RT  October 25, 2020 4:30pm-5:01pm EDT

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really screaming and heavy coming back to the room. any never heavy but the whole thing is part of. polish it to me it means freedom stripped is. more mob value in this world and more and more understand that if you don't call it anything. you are nothing you know some have is in this world catastrophic you got to have a place that you can go to. and say this is my about it was going on in us and it means so much to me is everything to me. from by myself i tend to savor it. so peaceful to not to be walk around i'm on the way i'm going to for a very good as some apple juice is going out on the porch and smoke a cigarette. you know is find
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a reason to snap out of it. so he would only be aging so long. it's not fun when you leave and go home and. in fact i wouldn't call it trenches. from the thirty's onward every single president has spoken of homeownership almost as the basis of citizenship your ability to own a home kind of makes us citizen the most tangible cornerstone that lies at the heart of the american dream and that's the chance to own your own home those of us who've been given positions of responsibility must do everything we can to spotlight the dream and make sure that dream shines in all neighborhoods. across the country i say to millions of young working couples by the time your children
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are ready to start the 1st grade we want you to be able to get home. to be secure in their home and. people need to. make. a. problem. i'm jim the realtor here's some tips for home buyers number one work with a great realtor a good realtor sells a least one house a month check their sales history on selo.
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americans. buying homes in southern california especially we dig real estate and we forgot about the bubble and all the other trouble the financing and everything else. and here we are right back at it frenzied up 51015 buyers for every house like none of that ever happened. to. the 800 video. i document the real estate market on you tube i got almost 1500 you tube. to give people really good sense of what's happening. i mean sure of this that today that house sold for 1.6. 1 point one i'm just in millions here. point 4.
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585. i don't know what to say. but it's going to work. i don't know what the heck it is the dollhouse. pull in the front yard. slightly unfinished. firepit. why it's stealing the trick to get me all the other appliances all still want. what could have been so nice about those pillars that they had to steal this and i'm not sure. there's. 15 houses on this street. i think it was. at least 8 of them had loans way over a 1000000 but if you're sitting on a 1.2 or 1.4 loans and you see houses listed for. 585 they can make you feel about. making that next name and.
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so what we saw in 2008 was the unwinding of the housing finance system what most people understand as a financial crisis or a problem of our housing stock actually is on wanted to get a social contract that was built in the 1940 s. . and so understanding that and how the american home was the basis of how we organize the economy and how we organize social stability is an important part of understanding why we are where we are now. i don't. you know thank you you could be. many years ago.
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years ago. i. was. born here many years ago and they used to be. around here someplace you know when. i was converted. that used to be a tiny tiny. let me just check up a little bit. of the punch. when i was 6 months old we moved from little italy in manhattan. there was a housing project in one night my uncle frank was white and. came down. with bats and belts.
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and they walked past us and said to my father get this kid this neighborhood. and it was not that long after that that. bridge.
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how much you want 38. 1000. but what i love about this town is. what i consider to be. people like us who go. down. nation no but everybody thought it
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was going to fail because he built 10000 and it is like that. coming out of the 2nd world war the idea of mass production became something that was truly a reality a. look. all new world. the idea that came to a man named bill levitt what this wind up mass produced the elements that go to make up all the auto industry does with the parts that go into a new law. when i was living there it was at a very particular moment and that was coming out of post-war trajectory and that created the need for that type of housing. retraining to that you can house for as little as $600.00 down and that $99.00 and i'm not as pretty as the federal government was insuring your market.
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you had the g.i. bill in turns in construction of new homes so the whole idea is your government wants you to have a home so this was an easy way to sort of jumpstart the housing industry and make homeownership possible without those subsidies lower middle class families could never been able to afford to massive movement into the suburbs that we saw in the late 1940 s. 950 s. soon to be 966. i was a police officer in the national county and we were the swat team as well. who i'm going to say you know to story about sticking it. in the middle of the windows i did i did it. right on that where. i swear to god i guess. if you couldn't afford to. put a down payment teacher. that they would let you lead them. what the option to buy
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a view would shift to it. but if it does i'm. proud to own the building firm in the world but all it's more like an awful lot of doing we had to start from scratch with absolutely no everything got to be don't want if you go back to william levitt he said no man who owns his own home and lot can be a communist because he has too much to do. this was a fundamental part of how our political leadership and our country at large understood the bargain you get a home right i mean after work there are 30 or jobs that go along with it that match the 30 year mortgage and then you'll rebel right as the things you don't revolt if you have a stake in the system. you
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know when i'm going to be out there saying i don't think about love i don't mean you guessed it i don't mean not new dorp or. i kind of we're on the. course if i'm not good now i think it's higher than our. members from africa mafias them safe and quick passage to europe but once they. leave they are in sleeves they count speech util. will not some of them leave your mama and i couldn't you know it and if you didn't get it out i mean.
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they sold the. lead it's all gone court of the united. because the persona that i can't even use cubby didn't want me to lend. is sort of amazing country with so many friends in russia and i'm very excited to be here. i love that idea i think i can do. different to make a lot of money with. millions and hundreds of me.
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here is not. a great wall and nobody feels a lot better than me believe me and i'll build a very inexpensive like a great great wall. 'd and just in case you're worried about who's going to pay for it mexico will pay for . the we'll see what happened so who knows jose who knows it will see i'm still of the success.
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you were then who's going to report on one of the most unusual diplomatic events in recent history. was that said the kitchener made certain less famous now mass in the history of post-war has seen or. say sickly next and same to christian and the strength of the american economy is the postwar home in the ability of americans to purchase consumer durables to fellow soul let's compete not even a system that will give the people more good will be a better system and this one particular moment nixon was right. this was the strength and the american economy. i can remember even as a kid looking at house magazines and seeing these incredible visions
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of the future that house represented in those pages was something that you could aspire to and that was starting to become reality. under-funded would be out by. entering comet. on the future. the house of 1919 i will be virtually maintenance free. 3 3 as life will be richer easier. as face age dreams come true.
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joy i actually feel the pressure. to get to. like to try. it like. anything else. hello. anybody give me 45 minutes i've got a point. and i. get
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only say. that levy did that. fall but that's. the only thing that never did that would be the 1st one to admit to. no black shalev. own black so much. and that. is disgraceful. to some fighting alongside a black man willing to die for his country. and he can't buy a house next to me and live again. and then i don't make any sense from. now we're looking for a place. where we like the advantages of.
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no other city. and we understood that it was going to be all right we're very happy to. move in you come to this neighborhood you know in me too deep it's different. to nonchalant. is no new census but it gives you a feeling of how a park like setting.
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it's just because i was struck by how familiar it felt it was a connection to levittown that they both developed as post-war suburbs. i believe going when he built these houses he really built these houses for the veterans coming home from the war it was hard for him to get financing for these houses because they were so different the whole social part was hired by his design . and. i shouldn't even don't i'm not even going to open oh he was a socialist and i think a lot of the people the mood in here well i'm going to get into this. my father is gregory fairly well known california architect from the forty's and
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fifty's. so this is letters. to say i just came into my hotel room from an interesting and unexpected visit to the basement drafting rooms that yeah why did have to tell of johnson's jewel in new canaan he is a real fascist intellectual. i started running through some old papers and then i came across this here 200 page 100 he had 200 page file that the f.b.i. kept on him and they were watching everything he did in the mid forty's to the mid fifty's. gregory believes that decent housing should be their right and everyone not just the privileged very wealthy people. watching 12 percent of the population is black there should be a lot of black families living out here yeah this is only a beginning but i think it's wonderful well let's see how wonderful it is what i want to bellow winds come flying out.
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termite you know it's. the neighborhood was supposed to be twice as large the plants was $400.00 homes and only $52.00 were built the f.h.a. at that time didn't think that enter graded neighborhoods would. attractive to the general public and they're providing mortgage insurance and in their minds for that would bring down the value of the homes. you know most people in america the value of those homes and parents passing that on to their children that made the biggest difference african-americans were left out of that. that inability
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to protests have paid and what created american middle class has a lot to do with the problems we have now. would. be really interesting to dial back and think about the longer deeper history housings men in the united states not just that question of the american dream but the bigger question of who the dream has been for.
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it's. being. all. possible is a beautiful little city with a lot of bad habits. the house is a beautiful. house. i don't really understand how segregated the city was because i never left. my days
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in the. week. nice apartment complex. decent. night it was fine when i got back to the city. center somewhere for a week just to get a house together. so many neighborhoods. this neighborhood still pretty much but the same. vacant we used to go. almost like a treasure hunt going to have fun every day before they got a big. you know a jam packed. like they're. becoming didn't show as empty as it
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does now you say. baltimore is a microcosm of many urban areas in america and it is like dickens would say the tale of 2 cities. you have great investments in certain parts of town and other and best looking like a ghost town. anyways is the ground 0 for racial apartheid in america. where racial zoning was. racially richard 2 covenants were also created here. we have a myth in this country that the reason neighborhoods are segregated this because people like to live with one another who are of the same race or because african-americans have too little income to move into white neighborhoods or
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because this private prejudice that prevents african-americans from buying homes in white neighborhoods and that's all true but it's a tiny tiny part of the truth. there's intentionality with the capital decisions that were made around housing in the forty's and in the fifty's and i think people are a lot to sleep thinking that certain things happen by default rather than by design you have the if it's in the be a federal housing administration a veteran's administration they subsidize home building in the suburbs and then they say is racially exclusive it means white people can move out to these areas but black people. what is probably a surprise a lot of people is that red lining is created by. that's when the why bank is.
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keyser one more of my guide to financial survival this is. by professional scallywags. that's right. you need to protect yourself and get in for. the maternity town the slums go in and you may never get out some sort of the most of. my teenage gang rules here. go to one of you then you're letting my neighborhood go you know you were through with it but. the navy will be very strong
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. you. might have been seeing her here. but now it's looking for the yeah. and melanie meant nothing new for. you well i'm lucky that little music that i see.
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in the stories that shaped the week the room rejects purchasing the astra zeneca covered 19 vaccine after lab data is withheld and a volunteer dies during trials tests on the shot continue. also this hour shortly before thursday's u.s. presidential debate a former business associate of joe. why when son comes forward with more allegations of corruption against the biden family. and after the horrific slaying of a history teacher friends confronts a radical islam head on but muslims fear they will bear the brunt of the government's response. when i fear that you know i will have to maybe be careful or fall for what i have forced to and my freedom of speech as a human rights of activists is literally.

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