Promotional photos like this one inspired
U.S. military men and women returning home
from Germany and Japan to invest in a new home
with funds collected through the G.I. Bill.
The changes to the economic and social climate were almost immediate at the conclusion of the War, and REALTORS® were among the first beneficiaries of this dramatic shift. One example was in new home construction. During the Great Depression, the creation of new homes in Indianapolis had virtually halted. In 1933, for instance, there were only 27 new homes build within the city limits. During the War, construction was limited by a lack of building supplies.
But shortly after the War, new neighborhoods, such as Eagledale, near 34th Street and Georgetown Road, erupted with 3,400 housing units completed by 1949 with more than 10,000 new residents."
-- Excerpt from REALTORS®: Opening Doors for 100 Years (pages 83-84)