I guess what Giustino is referring to about the simpler times of 1950's is what for some people resembled the Golden Era, a time, probably ending in 1940's when things were good and fine in America. I can't really put a spot on that one, but this might be a span of time before television took hold in the States, so for a similar reminiscense of "old good times", this time before the time of television, I'd tentatively put The Golden Age of Radio as the one.
When I further thought of this and similar terms, I realised that they have a tendency to come to use well after a period of growth and/or progress has (either gradually or abruptly) ended, in a time when people are a whole lot more sober about their outlook and look at the past with some nostalgia.
This is the kind of past that is not always known by today's contemporaries, but passed down by their older brethren and ancestors, through folklore and culture. We may not have a first-hand feeling of what the 1950's were like, but we've seen it in in the movies, read about it from the books.
Perhaps most interestingly, the books and movies that we refer to when reminiscing about an era may have had less significance in their time than now.
Some cultural items that proffer to establish in the minds of masses the way how things felt like at the time fail to do so, IMO, and some don't.
It's difficult to assess nostalgia. Sometimes it's as simple as having a meal with friends (or alone) in a local diner, or that you actually spent quite a lot more time actually talking, discussing, and interacting with friends and family.
"Nüüd elan Mustamäel...", which Liivimaa parim ratsutaja referred to, is "Mustamäe valss", the lyrics for which can be found here. The page has an inset which says that the song was written in 1971 and explains that Mustamäe was first known as All-Nõmme or Mustamäe-alune (I'm too tired to parse all this into English). The inset explains further that to people suffering from cramped dwellings in "wooden" districts, a spacious property seemed like a godsend.
Historically, before Mustamäe and Õismäe and Lasnamäe, there were more wooden houses and dwellings across all of Tallinn than Kalamaja (which is just representative of the type). A large amount of those wooden houses have been replaced by newer fare both in Soviet and post-Soviet times.Even in 1980's, upgrading from ühiskorter (communal apartment) in ühiselamu (ühikas) or a one-room flat to a three-room flat anywhere in the city was like a huge stroke of luck. I know there are absurd-sounding, but probably true stories of even three generations living in a one- or two-room flat, and maybe a cat and a dog, too. In those times, a three-room flat was never unreasonable, but a dream not always attainable; well-todo people had a four-room flat and teh rich ppl had a private house, or eramaja :)More on ühiskorter in Estonian Wikipedia can be read about in article talk about the term.