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Primary source: Richard Lacayo, "Suburban Legend: William Levitt," magazine article, 1950.
Caption: As the first community of its kind, Levittown, New York, located 25 miles east of Manhattan on Long Island, heralded the postwar arrival of suburban America with its mass-produced housing. William Levitt is quoted as saying the following.
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He [William Levitt] was a prime facilitator of the American Dream in its cold war formulation. "No man who owns his own house and lot can be a communist," he once said. "He has too much to do."
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Richard Lacayo, "Suburban Legend: William Levitt," Time, 3 July, 1950.
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