Consider a city in which urban density averages 4 housing, Other Subject

+44 141 628 6080
[email protected]

Consider a city in which urban density averages 4 housing

Consider a city in which urban density averages 4 housing units per acre. The city is fully circular with distance from CBD to the boundary equal to 10 miles. Land beyond the boundary of the city is used for agriculture, and earns $2000 per acre annually. It costs $200,000 to build a typical house in the city, and the interest rate is currently 8%. Everyone in the city works at the CBD, and it costs $400 per mile annually in commuting. The city is currently neither growing nor shrinking.

a. What would be the "structure rent"? (How much would you pay per year if you finance 100% of the construction cost of a house on permanent basis?)

b. What would be annual house rent at the boundary of the city? What would be the house rent for a house 5 miles from the CBD? What would be the highest rent in the city?

c. How much would it cost to buy the house 5 miles from the CBD?

d. How much would it cost to buy one acre land at the CBD? How much would it cost to buy one acre land 12 miles from the CBD?

e. Suppose the transportation (commuting) cost increases to $450 per year per mile due to a rise in crude oil prices. What would be an effect on the value of the house 5 miles from the CBD?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Other Subject: Consider a city in which urban density averages 4 housing

Reference No:- TGS0658527

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Other Subject

Q : Which of the following statements most accurately reflects

Which of the following statements most accurately reflects the relationship between the startup cash required for a company and its anticipated inventory turnover ratio?

Q : You have been retained by a senior manager to create a

You have been retained by a senior manager to create a training presentation for her management team. The senior manager is particularly concerned about the effectiveness of her managers and their direct reports.

Q : Leopold amp olney llp has 5 partners and 12 staff

Leopold & Olney LLP has 5 partners and 12 staff accountants. The partners each work 2,100 hours per year and earn $350,000 annually. The staff accountants each work 2,600 hours per year and earn $80,000 annually.

Q : How you would put this concept to work specifically at the

How you would put this concept to work, specifically at the Smart Chips Company, to help it remain competitive in the long run? What other management concept(s) covered in this course would be helpful to Smart Chips? How would you incorporate t

Q : Consider a city in which urban density averages 4 housing

Q : Vote on a class captain who will remind the class each week

Vote on a class captain, who will remind the class each week of its motivational motto. Discuss classmate's that have been very involved and supportive, discuss who the role model student(s) and what characteristics does he or she have that set them

Q : What are some visible aspects of recyclines culture that

What are some visible aspects of Recycline's culture that reflect the company's values and commitment to green issues?

Q : What role do leaders play in shaping recyclines

What role do leaders play in shaping Recycline's organizational culture? Explain. Could Recycline easily change its organizational culture if the green products market encounters a backlash? Explain your answer. How would management know if a permane

Q : Find an article that describes an organization that has

Find an article that describes an organization that has gone through change and managed it well. Identify at least three forces for change and forces for status quo that were present in this organization’s situation. In your opinion, what was t

1926655

Questions
Asked

3,689

Active Tutors

1451320

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Other Subject: Consider a city in which urban density averages 4 housing

Reference No:- TGS0658527

Have a Question? (oR Write a Review)

Recent Questions Asked Other Subject

Q : Which of the following statements most accurately reflects

Q : You have been retained by a senior manager to create a

Q : Leopold amp olney llp has 5 partners and 12 staff

Q : How you would put this concept to work specifically at the

Q : Consider a city in which urban density averages 4 housing

Q : Vote on a class captain who will remind the class each week

Q : What are some visible aspects of recyclines culture that

Q : What role do leaders play in shaping recyclines

Q : Find an article that describes an organization that has

Discussion about the nature versus nurture

Discuss social worker working with foster children

Why you feel unpleasantly hot and sweaty

How teenagers in an impoverished urban area spend their time

How ensure that the youth understand what study involves

Is lifespan psychologists are unlikely to investigate

Problem regarding the america youth and social media

Request for Solution File

Ask an Expert for Answer!!

Other Subject: Consider a city in which urban density averages 4 housing

Reference No:- TGS0658527

Recent Questions Asked Other Subject

Q : Which of the following statements most accurately reflects

Q : You have been retained by a senior manager to create a

Q : Leopold amp olney llp has 5 partners and 12 staff

Q : How you would put this concept to work specifically at the

Q : Consider a city in which urban density averages 4 housing

Q : Vote on a class captain who will remind the class each week

Q : What are some visible aspects of recyclines culture that

Q : What role do leaders play in shaping recyclines

Q : Find an article that describes an organization that has

Asked Questions