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When completed, the Waldorf will be the largest apartment house in the city and the equal in all respects of any similar building in the country. It will be ready for occupancy about Nov. 1 ...
Mar 29, 2023 · The 20th century. In the 20th century, real estate became more accessible to the middle class, and home ownership became a symbol of the American dream. The Federal Housing Administration (FHA) was created in 1934 to provide mortgage insurance to lenders, making it easier for people to buy homes. The GI Bill, passed in 1944, provided benefits ...
Oct 18, 2023 · Eventually, between 30,000 BC and 15,000 BC, our ancestors transitioned to an agrarian lifestyle. This change happened, but not everywhere; some still live that way. However, this transition to agriculture marked a major shift in human history. It led to the development of the homeownership and real estate market, which is well-known today.
Mar 5, 2012 · By Sarah Firshein Mar 5, 2012, 11:15am EST. 2 comments. The good souls over at Movato have crafted a basic timeline of the history of real estate, beginning in 334 B.C. (when Alexander the Great conquered Persia, showing "aggressive acquisition of real estate by force") and ending now, when the market is saturated with foreclosures and short sales.
- Staking Claim
- The Original Protection Racket
- All Hail The King
- The King Is Dead
- The Age of Machines
- Magic Mortgages
- The Bottom Line
Many agrarian systems progressed in a very similar fashion. Fertile plains were staked out and settled in a might-makes-right manner, per which those who could defend the land were the ones who kept it. Eventually, a system of tribal leaders developed, and those who had the approval of the tribe would disperse lands, settle disputes, and require pa...
Hunter-gatherers also followed a tribal system, but scarcityand the uncertainty of life meant that a tribe could only support two or three extended families. The amorous farmers, however, soon found that they could not name everyone in their tribe anymore. In return for the sacrifice of familiarity, people living in these small societies gained the...
This system of labor-for-protection developed into two separate systems in most countries: taxes and tenancy. Royal families spread their wealth to friends, signing away titles and deedsto lands that allowed the holders to collect the revenues or rent produced by the peasants living there. On top of this rent, all the people within a ruler's realm ...
Many aristocracies were eventually displaced usually via the displacement of an aristocrat's head from the body. This was done by putative meritocracies or systems in which the truly best and brightest lead a nation for the good of all. What happened instead was the creation of politics. Title lands were broken into smaller parcels and sold on a fr...
The Industrial Revolution was one of the great equalizers in human history, perhaps only matched by the invention of firearms. The effects of industry were neither positive nor negative but depended on application. The use of machines for manual labor freed many peasants for different tasks and allowed a privileged few the time for education and sp...
The invention of mortgagesbelongs to no particular country. Mortgages existed for a long time as exclusive loans given only to the nobility. After the Industrial Revolution, however, the wealth of the world increased to the point where banks opened themselves to "higher-risk" mortgage loans—those made to common people. This allowed individuals to o...
Ownership, specifically the ownership of land, was the basis of all the investment opportunities we see today. Without a stable population and a set location, trade and commerce between groups is limited. Ownership has moved from being established by strength to being something you can buy, sell, trade, and rent. There has always been a trade-off f...
Sep 20, 2017 · Tribune News Service. The Weyerhaeuser mansion in Tacoma’s North End has been sold for nearly $5.9 million to a nonprofit that announced the Tacoma Waldorf School will occupy the education ...
Jul 29, 2020 · While the process of real estate transactions and mortgage lending started in the 1800s in countries outside of the United States, the industry didn’t truly begin to take shape and become regulated in the U.S. until the 1900s. To see how the history of real estate led to what we know the industry as today, watch the video below.
