Question

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2. How does the city apper to grow )​

Answer 1

Answer:

Cities often grew up around key port locations as well as railway and highway hubs. The ease of accessibility became a comparative advantage for these locations. The axial growth model was developed in the 1930s and suggests that development occurs along the transportation lines leading out of the city center.

Answer 2

Answer:

One of the fundamental requirements of a market analysis is the ability to understand the economics of the location. In order to fully understand the value that a property in its current or planned use brings to a market, one must consider the economics of urban growth patterns as well as the overall market activity and health of the area. Both the current value and forecasted trends in rent, property value, and vacancy depend upon an understanding of how cities grow and how those urban development trends ultimately influence real estate values throughout the city. Of course, cities can grow in many different ways and understanding the patterns of urban growth can help clarify the big picture in a real estate analysis. In this post we’ll discuss several different urban growth models that are commonly used to explain the growth patterns of cities.

Explanation: