The decade following World War II is often described as one of the most prosperous economic times in American history. With victory under their belts and money in their pockets, Americans in the 1950s could optimistically pursue the American dream.
Part of that dream included the comforts of home ownership and the opportunity to start a family. Although the housing boom began shortly after World War II, it wasn’t until 16 million veterans actually returned from the war that America went on a full-fledged housing spree. The baby boom was well on its way. By 1954, more than four million babies were being born each year, peaking at 4.3 million in 1957.