Econ3091 Urban economics     Answer 2 of the following 3 questions. 300-400 words per answer. You will be rewarded to the degree you...

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Econ3091 Urban economics

 

 

Answer 2 of the following 3 questions. 300-400 words per answer.

You will be rewarded to the degree you integrate urban economic concepts into your answers.

 

1.     What are the economic advantages linked to city density?

2.     Rent control, rent subsidies and income subsidies are used to improve housing affordability. Which is the better approach, by listing the advantages and disadvantages of each.

3.     Is sprawl a problem governments should fix? Are markets not reflecting people’s locational preferences?

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