Page "Reseda, Los Angeles" Paragraph 13

In the early 1950s, the Valley's population reached 400, 000.

The average new Valley home, in 1949, cost $ 9, 000.

By 1955, that same house could be resold for nearly $ 15, 000.

Even at that price, though, a household income was about $ 6, 000 a year, making Valley incomese above the national average.

There were restrictive covenants until the 1968 federal Fair Housing Act ( part of the Civil Rights Act ), however, excluding ' non-whites ' from ownership.