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The first example of a suburb with budget priced homes was the New York suburb of Levittown.
Levittown provided a blueprint at the time for what a budget price home should look like and the accompanying suburb it should be in. This led to the birth of such environment and the increase in affordable housing in the U.S.
In conclusion, the answer is Levittown.
Find out more about Levittown at https://brainly.com/question/2088232.