Larch065 Exam 1 Flashcards
Model
Describes how things work
Theory
Explains how things work
What is choice limited by? (7)
Resource
Market
Ability to cope
Willingness to move
Ability to move
Knowledge and
information
External constraints
What can affect an individual/group’s choice?
Life style
Stage in life cycle
Individual preference
Surrounding culture
What do people choose when they make a choice? (2)
A system of setting and environmental qualities
What is setting? (3)
Bounded places where particular activities occur
Provide cues for appropriate rules and hence behavior
Objective & perceived features
What is a system of settings?
A series of settings linked across space and time
Elements of environmental quality (4)
Nature of its components
Ranking
Importance with respect to other aspects of life
Components operate as PULLS and PUSHES
Components of environmental quality that cannot be controlled? (3)
Climate
Topography
Perceived
crime levels
Components of environmental quality that cna be somewhat controleld (3)
Ownership/
Tenure
Management
Social Factors
Components of environmental quality that can be controlled (3)
Visual quality
Density
House style/
Detail
Reasons for and mechanisms of choice (4)
Process of matching people’s values, desires, needs
with the perceived environmental qualities
Pull factors seem to be more important
Needs as manifest and latent
Choice as dynamic - changing
How did Catherine Beecher affect housing?
She promoted suburbs by sayign rural lfie is ideal and made plans for simple and efficient houses.
Colonial Williamsburg
An orginal suburb based on restored buildings
HOLC
Uniform payments on long term loans
Systematic Appraiasal Methods
Catagorized areas in 4 colors
Best to worst HOLC colors
Green
Blue
Yellow
Red
Primary motive behind the FHA
JOBS!
What the FHA did to housing market? )4)
Down payments of more than 10% became
unnecessary.
Extension of repayment period for guaranteed
mortgages to 25-30 years, and fully amortized.
Establishment of minimum standards for home
construction that became the standard in the industry.
Lowering of interest rates by 2%-3%.
Consequences of FHA
FHA encouraged single family projects and
discouraged the construction of multi-family projects.
Loans for existing structures were meager.
Unbiased professional estimate.
The FHA legitimized segregation.
Who took risk out of taking house loans?
The FHA
Did the HOLC give out loans?
Yes, but not many
Where are gated communities popping up?
metropolitan, south, southeast, southwest
What leads to the development of refugee camps? (4)
high population density
cramped living condition
Inadequate infrastructure
Created due to conflict
What conditions lead to the development of slums?
high population density
cramped living condition
Inadequate infrastructure
Created due to socio-economic conditions
What 4 things define home?
Land
Infrastructure
Physica;l Structure
Emotional attachment
Article 25 of the Universal Declaration of Human
Rights (1948)
Everyone has a right to a standard of living adequate for the
health and well being of himself and of his family, including
food, clothing, housing and medical care and necessary social
services and the right to security in the event of unemployment,
sickness, disability, widowhood, old age or other lack of
livelihood in circumstances beyond his control.
What is adequate housing/shelter?
Adequate privacy
Adequate space
Security
Security of tenure
Structural stability and
durability
Adequate lighting,
heating and ventilation
Adequate infrastructure
Suitable environmental
quality
Adequate and
accessible location to
work
CRA
Community Reinvestment act - Banks must meet the credit needs of the communities in which they operate.
Habitat Agenda
It is the responsiabiltytytyt of gov to provide adequate housing
dissimilariyty index
the percentage of a certain race thast must leave in order to make race even in that area
HIGH numbers are bad
FHA
Fair housing Act cannot discriminate upon color, gender, etc…
HMDA
Housing mortgage and disclosure act
banks must submit public loan data
Framework
Puts phenomena into patterns so they can be interopretaed
What abrought down hous9ing costs in the 19th century?
The machine made nail
Thin uniform board cuts
difference between fha and holc
HOLC focused on troubled loans
FHA loans were private and only insured by the GOV
