Monday, October 21, 2019
Housing Problems and Options for Improvement essays
Housing Problems and Options for Improvement essays Everyone needs a house. Rich people poor people; all people are included. This is a problem, because housing costs a great deal of money. Poor people that can barely afford food and clothing also have a difficult time finding affordable housing. As a result, some live in unsafe and unsanitary conditions that are badly in need of repair. As we read in several Los Angeles Times articles, there are many people here in the Valley that live in places like these, and that live way below the poverty line. Many of these unkempt dwellings reside in the inner city of large urban areas, such as Los Angeles, Philadelphia or Chicago. According to our textbook, Urban Economics, (page 338) Poverty rates in the central city are about two times higher then the poverty rates for suburban areas. In some metropolitan areas, the differences in poverty rates are even higher. Poor people reside in the central city for two different reasons, according to discussions on various economic models from lecture. First, the farther away that you get from the central business district, the higher your transportation costs to get to your job (assuming that the job is located in the CBD). If you can not afford to commute to your work, you will be unable to keep your job, making you worse off economically. Therefore, you would chose to locate your residence close to your place of employment (closer to the CBD) in order to reduce your transportation costs. IF you live close enough to your place of employment, you may not need to use any form of transportation other then your feet, which doesnt cost you anything but your time. The second reason has to do with where new houses are built. New homes are built on land that was previously undeveloped, usually located on the outer edge of the residential district, furthest away from the central business district. The wealthiest people move into these new homes, leaving the upper middle class to move ...
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