Supply and Demand. We hear it all the time when it comes to housing.  “It’s simple economics” they say, “It’s supply and demand” they say.  Well, what exactly do they mean by that, and is housing really as simple as the idea that more housing would equal lower prices?

Links:

https://pressbooks.oer.hawaii.edu/principlesofmicroeconomics/chapter/3-2-shifts-in-demand-and-supply-for-goods-and-services/

https://en.wikipedia.org/wiki/Supply_and_demand

https://www.investopedia.com/ask/answers/032715/are-there-any-exceptions-law-demand-economics.asp

https://psu.pb.unizin.org/introductiontomicroeconomics/chapter/chapter-3-supply-and-demand/

https://live.icai.org/bos/vcc-2nd-batch-recorded-lectures/pdf/CHAPTER%202%20%20THEORY%20OF%20DEMAND%20AND%20SUPPLY.pdf

POP QUIZ HOT SHOT! Join us while we run through three practice test questions for the AICP Exam. We'll go through the questions, break them down, and talk about organizational structures, comprehensive plan topics, and demographic formulas.

Sometimes, New York really can feel like the heart of it all. Well, in this episode we'll talk a little bit about the Regional Plan of New York and its Environs, and two other related planning landmarks, Robert Murray Haig's "Major Economic Factors in Metropolitan Growth and Arrangement, and Clarence Perry's "Neighborhood Unit."

Robert Murray Haig’s Major Economic Factors in Metropolitan Growth and Arrangement (1927):

https://en.wikipedia.org/wiki/Robert_M._Haig

https://www.planning.org/library/greatbooks/decade2.htm

https://propertymetrics.com/blog/economic-base-analysis/#:~:text=Economic%20base%20analysis%20was%20developed,activities%20and%20non%2Dbasic%20activities

Clarence Perry’s Neighborhood Unit (1929):

https://en.wikipedia.org/wiki/Clarence_Perry

https://en.wikipedia.org/wiki/Neighbourhood_unit

Regional Survey of New York and Its Environs:

https://rpa.org/work/reports/regional-plan-of-new-york-and-its-environs

https://s3.us-east-1.amazonaws.com/rpa-org/pdfs/RPA-Plan1-v1-Regional-Plan-of-New-York-and-Its-Environs.pdf

Well, we're back it again, and THIS time, we're better than ever. We'll be picking up where left off LONG ago, but we have a few extra tricks up our sleeves too.