Real Estate Economics
Constraining urban “sky-rise” and “sprawl” – good policy and good outcomes?
Since the 1950s, urban planners have pursued policies to control the growth of cities, for a range of objectives. What we are interested in here is not the “stated aims/objectives” (almost always laudable) but the intended and unintended consequences (actual outcomes) of policy. In saying that, bear in mind that the counter-factual – what would have happened in the absence of these policies – is hard to construct.
The object here is to look at this debate in a logical, structured way. The key is to discuss it within an economic framework – it should be apparent to your reader that you understand the basic urban economic models. Note that “non-economic considerations” can have an economic value attached to them.
While your opinion is not discounted, the very strong preference is to find sources which make the argument (your lecturer is not a source, i.e. 100% discounted).
At a minimum, you would be expected to read 3-4 articles. The relevant part(s) of the Brueckner textbook are sections 4.5 and 4.6 (in terms of policies), with earlier sections in that chapter discussing motivation for policies. The textbook is not one of your articles. Brueckner refers to some articles so that can be a start.
In the lecture, reference is made to the article by Kulish, Richards and Gillitzer (2011) – copy on website. This article, being relatively recent, contains a fairly up-to-date reference list – Brueckner is a bit dated.
Kulish, M., Richards, A. and Gillitzer, C. “Urban Structure and Housing Prices: Some Evidence from Australian Cities.” Reserve Bank of Australia Research Discussion Paper, RDP 2011-03.
Discussion with your Fellow Students
While plagiarism is strictly forbidden, discussion with fellow students is strongly encouraged.
The word limit is 1200 words. Range would be 1000-1200. DO NOT go over the limit. If 50+ assignments by 800 words was a lot of reading, think about 50% more!!
The word limit also imposes a discipline on you to write succinctly. 2
This assignment is worth 12% of your final grade. The electronic version is due by Thursday 25th September 23.59pm. A paper copy is to be submitted to the Economics Assignment Box on ASB (west lobby) ground floor by 5pm on Tuesday 30th September.
The official time of submission of your assignment is the time at which you upload it to the Turnitin box on course website. Late submissions will be penalised 3 marks for the first day, and an additional 2 marks for each additional day (or part thereof). Thus an assignment that is 1 minute late will be penalised 3 marks, and one which is 24 hours and 1 minute late will be penalised 5 marks. Plan to submit your assignments at least one day ahead of time to avoid last-minute technical complications.
Special consideration does not apply to late submission of assignments. You have a reasonable period to complete the assignment and it is your risk if you leave it for the last few days. Illness for one or two days will not entitle you to special consideration.
Clarifications if required
Questions about the assignment are best addressed in the lecture. (Other students will probably have a similar question.)
As before, the policies are set out in the Part B of the Course Outline. 3
YOU CAN ALSO PLACE OTHER SIMILAR ORDERS ON OUR WEBSITE AND GET AMAZING DISCOUNTS!!!
Our Service Charter
Excellent Quality / 100% Plagiarism-FreeWe employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
Free RevisionsWe keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
Confidentiality / 100% No DisclosureWe make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
Money Back GuaranteeIf the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
24/7 Customer SupportWe have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.