Transcripts For RT Documentary 20240712
From the thirtys 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 thats the chance to own your own home those of us whove 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 are ready to start the 1st grade we want you to be able to come home. To be secure in their home and. People need to. Make. A. Lot more. Im jim the realtor heres 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 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 was. Going to give people really good sense of whats happening. I mean chula vista today that house sold for 1. 6. 1 point one im talking millions here. Point 4. 585. I dont know what to say. But its going to work. But i dont know what the heck it is the dollhouse. Pull in the front yard. Slightly unfinished. Firepit. Why its 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 im not sure. Theres. 15 houses on this street. I think it was. At least 8 of them had loans way over a 1000000 but if youre 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 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. I dont. You know thank you. Many years ago. I. Was. Born here many years ago and they used to be. Around here someplace where you know. That used to be a tiny tiny. Let me just check up a little bit. Of the punch in my mind. 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 what is white and. Came down. And. And they walked past us and my uncle frank said to my father get this kid this neighborhood. And it was not that long after that that. Bridge. How much you want 38. 1000. Here. 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 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 postwar 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 im not as pretty as the federal government and was answering your market. You had the g. I. Bill in thirds 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 would never been able to afford to Massive Movement into the suburbs that we saw in the late 1940 s. 1950 s. And in the night you sixtys. I was a Police Officer in the National County and we were the swat team as well. Who im going through and 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 couldnt afford to. Put a down payment teacher. That they would let you lead them. What the option to buy. But if the government. Had the prognosis of only building from the world well all it might take an awful lot of doing we had to start from scratch with absolutely no everything out but they dont 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 youll rebel right as the things you dont revolt if you have a stake in the system. The world is driven by dreamers shaped by phone personal those words. No dares thinks. We dare to ask. Anyone else chose seemed wrong all right old quotes just dont call. Me the old believe yet to shape our disdain to come out of the cold and in again train because the trail all along once and many find themselves worlds apart when you choose to look for common ground. Secret prisons are not usually what comes to mind when thinking about europe however he even the most prosperous can be deceived. There were too few houses were. Located. To the story investigators covered the darkest dealings of the secret services but i mean. You great ignore. For justice. Stacey. Fill out. The fight. Thank you for. Destroying thats true. Lavery. You would then because you report on one of the most unusual diplomatic events in recent history but that was thats the kitchenette bates are less famous now mass and the history of post war has seen. A space sickly next and same day christian of that the strength of the American Economy is the postwar home and the ability of americans to purchase consumer durables to fill it colettes compete not even a system that will give the people more good will be the 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 the incredible visions of the future that house represented in those pages was something that you could aspire to and that was starting to become a reality. Wonder what it would be to move out by. The house of 99 to. Be virtually. 3. Life will be richer. As face age dreams come true. Feel the pressure. To. Get my. Feet. Below. 45 minutes ive got a point. If only restate. That levy did. That. The only thing that never did that would be the 1st one to admit to. No blacks allowed. And blacks allowed. And that. Is disgraceful. To some fighting alongside a black man willing to die for his country. If you cant buy a house next to me and live again. Then i dont make any sense. Now we were looking for a place. Where we like. No other city. And we understood that it was going to be all right were very happy to. Know when you come to this neighborhood you know in me too deep its different. Than nonchalant. Theres no real fences it gives you a feeling like setting. Just because i was struck by how familiar it felt it was a connection to levittown that they both developed as postwar 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 shouldnt even dont im not even going to open oh he was a socialist and i think a lot of the people that moved in here well im going to get into this. My father is gregory again a fairly well known california architect from the fortys and fiftys. 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 didnt have to tell of johnsons jewel that 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 and then they were watching everything he did in the mid fortys to the mid fiftys. 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 should be a lot of black families living out here yeah this is only a beginning but i think its wonderful well lets see how wonderful it is what i want to belive winds come flying out. Termite you know its. 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 didnt think that enter graded neighborhoods would be attractive to the general public. And theyre 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 africanamericans 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. 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. Its. Me. Being. All. I also know is a beautiful little city with a lot of bad habits. The house is a beautiful. House. I dont really understand how segregated the city was because i never left. My days in a. 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 it doesnt allow you to gauge what is normal. This neighborhood still pretty much but the same. Vacant we used to go all behind him and found. Almost like a Treasure Hunt going to have fun every day before they got a big. You know a jam packed. Like they. Didnt show as empty as it 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 looking like a ghost town. Anyways is the ground 0 for racial apartheid in america. Where racial zoning was. Racially richard 2 governments 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 africanamericans have too little income to move into white neighborhoods or because this private prejudice that prevents africanamericans from buying homes and white paper and thats all true but its a tiny tiny part of the truth. Theres intentionality with the capital decisions that were made around housing in the fortys and in the fiftys and i think people are a lot to sleep thinking that certain things happen by default rather than by design you have that if its in the be a federal Housing Administration a Veterans 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. Federal government. Thats when the white bank is drawing red lines around black areas and dont give up no green. Is your media a reflection of reality. In a world transformed. What will make you feel safe. Isolation or community. Are you going the right way or are you being led so. Direct. What is true what is faith. In the world corrupted you need to descend. To join us in the depths. Or a maybe in the shallows. You know what i mean maybe out there see i dont think about it at all many roman not me and our 4. I kind of were on the. Course if im not big now i think its higher than our. Members of the africa mafias promise them safe and quick passage to europe but once they. Leave they are enslaved they count speech europe. Will not some of them leave your mom are not under you know. This you need to get it out of. Them. They sold the. Let me guess all on court of the. Persona that i cant even. Be the normal length. From. Making a stand against radicalism thousands rally across france in the wake of fridays brutal slaying of a history teacher reportedly killed the show in his class controversial cartoons of the prophet muhammad. Also to come testing the tree shells continue to fall in the ongoing territorial dispute between armenia and azerbaijan despite both sides agreeing a 2nd ceasefire we hear from locals on both sides of the conflict. What can i say about people who have no idea of humanity it is a pity that we are dealing with barbarians and terrorists media ceasefires but never observed in occupied New Territories go to hell traditional halloween celebrations in one part of the city become the latest victim of the pandemic although