tv Documentary RT March 28, 2021 9:30am-10:01am EDT
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what is faith. in a world corrupted you need to descend. to join us in the depths. or a made in the shallowness. screen sales of. the flipper. cue from upstairs right before. we get right look at it then. we pull the rooms back from here this is the work you do. for this hour take a shower. and he's taking business sections tell
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me a woman. friend whatever you would see. if. the finger. create is good read a bottle in the middle to congress when you see this flow i don't know if you're asking me are just cool still screaming and heavy coming back to the room. any never heavy but my whole thing is puddle. all shit to me it means freedom stripped as a. small mob valuate its world more and more honest than that but 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 of what's gone on i'll know this and it means so much to me is everything to me.
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from by myself i tend to savor it. so peaceful can i do to be walk around i'm on the way i'm going to sort of for a very good at some apple juice is going out on the porch and smoke a cigarette. you know is fine a reason to snap out of it. so i think you would only be aging so long. it's not fun and you leave and go home and. in fact i wouldn't call the trenches. from the thirty's on word every single president has spoken of homeownership almost as the basis of citizenship your ability to own
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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 almost 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 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. lot more.
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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. americans. buying homes in southern california especially we dig real estate and we forgot about the bugs 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
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800 video. i documented the real estate market on you tube i got almost 1500 you tube was. going 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 talking millions here. point 4. 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 is stealing a trick to get me all the other appliances all stolen. or could have been so nice about those pillars that they had to steal this and i'm not sure. there's.
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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 loan and you see houses listed for. 585 they can make you feel about. making that next payment. 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.
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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 orders white and. came down to. the baths and gulch. and they walked past us and said to my father get this kid this neighborhood. and it was not that long after that that we. bridge.
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but what i love about this town is. what i consider to be. people like us who go. to town. nation no but everybody thought it 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. love. the idea that came to a man named bill levitt was the wind up mass produced the elements that go to make up all the auto industry does with the parts that go into a new car. when i was living there it was at
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a very particular moment and that was coming out of post-war trajectory and that created the need for that type of housing. returning to that you can house for as little as $300.00 down and that $99.00 a night and that was partly because the federal government was insuring your market . 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 movements into the suburbs that we saw in the late 1940 s. 950 s. soon to be 966.
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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 destroyed that sticking it. in the middle of the windows i did right there. right on that where. i swear to god i guess. if you couldn't afford to. put a down payment. that they would let you let them. what the option to buy would shift to it. but if it doesn't i'm. proud to own the building in the world but all it might take an awful lot of doing we had to start from scratch well absolutely 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.
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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. humanity has never seen such strange natural phenomena before giant cletus appearing in the young mountain in shoot up. one after another. but it's never about to pick up again you figure to get your foot you know whom does love windows of a desk you wouldn't hear. this one appeared in 2020. how often and where will new crisis appear. how dangerous owns
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that. said the kids in our dates are the most famous now mass in the history of postwar has seen. a space sickly next or saint a christian of that the strength of the american economy is the post-war home and the ability of americans to purchase consumer durables to fill it so let's go beat . them that will give you a peep. well or good will be the better system in 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 seen these incredible visions of the future that house represented in those pages was something that you could
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the only thing that never did that would be the 1st one to admit to this. noble action left. on blacks alone. 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 were looking for a place. where we like the advantages of. comparison to other cities. and we understood that it was going to be all right we are very happy to.
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a connection to levittown that they both developed as post-war suburbs. i believe going in 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 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 people the mood in here well i'm going to get into this. my father is gregory fairly well known in california architect from the forty's and 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
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that yeah why didn't have to tell of johnson's jewel that new canaan he is a real fascist intellectual. i started running through some old papers and then i came across this no 200 page 100 he had 200 page file that the f.b.i. kept on and then they were watching everything he did from the mid forty's to the mid fifty's. gregory believes that decent housing should be the right of 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 of.
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termite mounds. 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 be as. tracked it 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 and that. that inability to protests have paid and what created american middle class has a lot to do with the problems we have now.
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people a decent. night it was fun 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 the same. vacant we used to go. from. it's rather hard to go on and find every day. got a big. you know a jam packed. show as. you say.
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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 looking like a ghost town. anyways 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 is 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 because this private prejudice that prevents african-americans from buying homes in white neighborhoods and that's all true but it's
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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 effigy in the 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 black people. what is probably a surprise to a lot of people is that red lining is created by. the federal government. that's when the white bank. i. always.
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in our top stories of the week francis hospital chief or as the president of the burden of the country's new democrat holds for the year the government's response leaves many bewildered. by example and we don't understand the new rules at all for example we're supposed to be in lockdown and yet we're walking in the chandeliers a. thousands of moderates filmed an overcrowded camps on the u.s. southern border adding to reports that washington is facing an unprecedented refugee crisis and. flourishing hate speech facebook sued for a piece of the allowing online threats to journalists sporting this information on how the platforms now crackdowns worldwide.
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