URBS 230 FINAL EXAM FLASHCARDS (ACTUAL 2025/2026) WITH QUESTIONS AND ACCURATE CORRECT ANSWERS | CERTIFIED QUALITY | GRADED A+

URBS 230 FINAL EXAM FLASHCARDS (ACTUAL 2025/2026) WITH QUESTIONS AND ACCURATE CORRECT ANSWERS | CERTIFIED QUALITY | GRADED A+ Why is housing important (5 reasons) - A major part of the urban environment - A major economic industry - The largest single expense for most households -Both local and global - We spend a lot of time at home How much or the urban land consists of housing % 30% Name the 3 types of housing Market housing Non-market housing Quasi market housing What is market housing - Allocated based on ability & willingness to pay - Relies on the private sector to build & allocate What is non-market housing -Allocated based on need - Occupants pay a proportion of income - Ex. public housing What is quasi market housing The government helps allocate housing within the private sector