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Edward Berenson, "Perfect Communities: Levitt, Levittown, and the Dream of White Suburbia" (Yale UP, 2025)

New Books in Economics

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The Rise and Fall of Levitt

This chapter explores the ascent of Levitt as a leading home builder in the late 1960s and his record sale to IT&T for $92 million, which signaled a shift in real estate management. It also examines the subsequent economic challenges of the 1970s that affected the housing market, contrasting Levitt's earlier successes. The narrative culminates with reflections on Levitt's legacy and the broader implications of suburban development in contemporary America.

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