GGRB05H3 Lecture Notes - Housing Tenure, Gentrification, Utility Model
Document Summary
Ggrb05 wk09 session07 july 8th urban housing markets; residential location & housing problems. Highest y occupy closes position to cbd; Middle y next; lower y pushed to periphery. Manila, bangkok: limits of bid rent curves. As y rises preference for space are stronger than preference for accessibility. Excludes competition from industry, government, planning interventions with zoning laws. The existence of multi modal cities, where accessibility point can be different, makes the model a simplification: electric models residential mobility, pacione model: based on residential mobility and neighborhood change. An electric non-neoclassical, quasi-behavioural place utility model accessibility is oriented to the cbd. Purports to explain why people move and the. Different preferences obtain among different y processes of neighborhood change groups as b/w accessibility and space: higher y groups can manifest a bifurcation in those preferences can obtain different spatial spreads, two cases. The existence of multi-nodal cities where the accessibility point can be more diffused: why people move residential relocation.
