Monterey Subway Map on Enforcement of existing- housing regulations was less vigorous, partly because requiring strict compliance, even where feasible, would make minimum housing prohibitively expensive. The second or transition period in housing history begins in 1917 and ends in 1956. During the transition period, housing production was very uneven due to the tumultuous events of the period. Housing production fell to exceptionally low levels during wartime and Depression periods and attained unusually high levels during the postwar booms.
The housing market was rarely in equilibrium during this era.
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By 1956, the United States transformed itself from a laissez-faire economy to one in which the federal government had a predominant involvement, including extensive intervention in the housing market. The drastic change was attributable to the political consequences of the Great Depression and World War II.
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