A rapid increase in commercial and residential building and prices. Historically, owning one’s own home has generally been considered an important part of the American Dream. During the 1970’s, more homes were built, larger homes were built, and in turn, those homes were sold at prices that rose faster than the rate of inflation. Combined with an increase in the building of commercial spaces during this time, the real estate boom of the decade was a growth industry in an otherwise... więcej
Salem Press Encyclopedia, 2019. 1p.