Part 19 Flashcards
A _________ Area is the geographic region from which a majority of demand comes and in which the majority of that competition is located
Market area
19-303
___________ is a group of complementary land uses; a congruous grouping of inhabitants, buildings, or business enterprises
Neighborhood
19-303
A __________ is a neighborhood characterized by homogenous land use, e.g., apartment, commercial, industrial, agricultural
District
19-303
The 4 stages of the Life Cycle of the Subject Neighborhood are
1
2 Stability
3
4 Revitalization
1 Growth
2 Stability
3 Decline
4 Revitalization
19-307
Gentrification
Middle and upper income people purchase properties in a neighborhood and renovate them, raising the values in the neighborhood and often displacing lower income residents
19-307
1 Governmental and legal
2 Economic
3 Social
4 Environmental and geographic
The 4 main forces that influence value
19-308
The time and distance relationship between a particular use and supporting facilities is
Linkage
19-309