Chapter 5 Quiz

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Real Estate Economics – 5th Edition - by Huber, Messick, and Pivar
Chapter 5 Quiz
Copyright January 2011, Educational Textbook Company
1. In urban areas, the term used to describe whole areas that change from almost
entirely Caucasian residents to almost entirely other ethnic/racial residents is:
a. transitionism.
b. filtering down.
c. white flight.
d. ethnic entrance.
2. All are true of the term “sprawl,” except:
a. sprawl takes land out of agricultural production.
b. sprawl will result in huge metropolitan areas.
c. sprawl causes the poor to move to the central city.
d. sprawl causes longer commute distances.
3. Rent control:
a. discourages new construction.
b. reduces the supply of new housing.
c. benefits renters.
d. all of the above.
4. What percentage of all American households is headed by a single person?
a. 40%
b. 35%
c. 60%
d. 43%
5. Which of the following is not a contributor of high crime?
a. Breakdown of family influence
b. Cohesive neighborhoods
c. Racial animosity
d. Drugs and alcohol
6. Cleanup campaigns, slum clearance, and rehabilitation are all methods used to
correct:
a. urban blight.
b. physical problems of deterioration.
c. rent control.
d. gridlock.
7. What term describes young professionals moving back to the central city?
a. Urban renewal
b. Urban rendezvous
c. Generation renovation
d. Gentrification
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8. For a city with huge financial problems, which of the following is an option?
a. Reduce taxes, hoping to entice more people
b. Sell the city to another city
c. Unincorporate, and place the financial burden on the county
d. Ask the residents for donations
9. An option for landlords who feel victimized by rent control is:
a. to propose a new law to the government.
b. convert their apartments into condos.
c. refuse to complete repairs and maintenance.
d. all of the above.
10. If an owner fails to clean up a “brownfield,” which of the following could happen?
a. A lien could be placed on the property
b. The government can clean up the land
c. A judgment could be passed on the current owner
d. All of the above
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Real Estate Economics – 5th Edition - by Huber, Messick, and Pivar
Chapter 5 Quiz Answers
Copyright January 2011, Educational Textbook Company
1. c (p163-164)
2. c (p167)
3. d (p174)
4. a (p176)
5. b (p177)
6. b (p183)
7. d (p185)
8. c (p187)
9. b (p174)
10. d (p177-178)
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