Guest Article on The Daily Beast by Phyllis Hain


“On a Sunday in the fall of 1969, an advertisement appeared in the classified section of the paper. I read it. I read it again. It said something about government assistance to first-time home buyers. Qualified buyers could get a three-bedroom home equipped with beds with some snazz with only $200 down. According to your income, the government would subsidize your payment so your actual payment would be much lower than otherwise. The ad gave the real estate company‚Äôs name and phone number to find out more.”

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