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1933: Creation of the Home Owners Loan Corporation (HOLC) in USA

The Home Owners' Loan Corporation (HOLC) was established by law to provide lower interest (5 percent) loans to prevent foreclosures, and the first to be made at a fixed rate. At t......

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Magna Carta Sealed at Runnymede, Laying the Foundation for Property Rights and Rule of Law

On 15 June 1215, King John of England agreed to the Magna Carta at Runnymede. Although it was not a modern real estate law, it became one of history’s most important legal document......

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Historic Real Estate Board Established

On October 22, 1929, the nation's first comprehensive real estate board was established, creating professional standards and ethical guidelines for property transactions. This pion......

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London Introduces the Housing Reform Act to Improve Urban Living Conditions

On November 11, 1894, the British Parliament approved the London Housing Reform Act to address worsening living standards in industrial London. The nineteenth century had transform......

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New Deal Law Opened the Door to Public Housing and Major Construction Projects in USA

On 16 June 1933, U.S. President Franklin D. Roosevelt signed the National Industrial Recovery Act (NRA), one of the major laws of the New Deal era. The law was introduced during th......

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Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

The acquisition of land for the Model Town Society was one of the most remarkable and spirited chapters in its early history. Dewan Khem Chand and his...

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 Where Did the 500 Acres of Model Town Land Go (Episode 5)

Where Did the 500 Acres of Model Town Land Go (Episode 5)

Between 1921 and 1924, the land for Model Town Lahore was acquired in successive phases. The process began in 1921, shortly after the establishment of...

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