Urban Land Value (Leaving Cert Geography): Flashcards
📚Flashcards
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13 cards from this deck
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Practise the cards
13 cards from this deck
Two factors determining urban land values
Two factors determining urban land values
Proximity to CBD & accessibility
The CBD
The CBD
Economic centre of the city
Land value pattern from CBD
Land value pattern from CBD
Decreases with distance from CBD
Bid rent definition
Bid rent definition
Max. amount individuals/businesses pay for land location
Bid rent curve purpose
Bid rent curve purpose
Shows how land uses compete at distances from CBD
Activity paying highest rent near CBD
Activity paying highest rent near CBD
Retail activities
PLVI definition
PLVI definition
Peak Land Value Intersection - most expensive land in urban area
PLVI location
PLVI location
Where major transport routes converge (CBD)
Why offices locate on upper floors/edges
Why offices locate on upper floors/edges
Don't depend on passing pedestrian traffic like retail
Modern industrial location
Modern industrial location
Urban peripheries
Why industries prefer peripheries
Why industries prefer peripheries
Large sites needed; land cheaper & more available
Highest suburban land values occur where
Highest suburban land values occur where
Where major transport links intersect
Multiple nuclei
Multiple nuclei
Independent commercial areas in suburbs