Real Estate Economics – 5th Edition - by Huber, Messick, and Pivar Chapter 5 Bonus Quiz Copyright January 2011, Educational Textbook Company 1. The passage of housing to lower and lower economic groups is known as: a. the principle of first choice. b. filtering down. c. the principle of competition. d. the principle of comparative advantage. 2. Outward growth of a metropolitan area is known as: a. new town development. b. smart growth. c. filtering down. d. sprawl. 3. America’s most economically depressed city is: a. Los Angeles. b. Denver. c. Detroit. d. Miami. 4. The effect of rent control is: a. to increase property value. b. to increase tax revenues. c. that landlord’s subsidize tenants. d. better maintenance of rental units. 5. Gridlock in our cities refers to: a. gang problems. b. annexation. c. gentrification. d. traffic jammed up. 6. A problem with gentrification is: a. an increase in property value. b. an increase in tax base. c. where do former residents go? d. a vibrant night life. 7. The ring of poorly maintained properties around the central district that is a burden to local government would be regarded as: a. blight. b. gentrification. c. sprawl. d. up growth. 1 8. Brownfields refer to: a. areas without water. b. contaminated soil. c. industrial zoning. d. swampland. 9. The point where Whites will want to leave an area is called the: a. tipping point. b. exodus route. c. halfway point. d. critical juncture. 10. Sprawl results in all, except: a. longer commutes. b. cleaner air. c. less agricultural land. d. poor land utilization. 11. The majority of our population growth appears to be based on: a. teenage pregnancy. b. a lower death rate. c. illegal immigration and births to illegal immigrants. d. the higher birth rate of the middle class. 12. Which of the following constitutes the greatest percentage of the homeless? a. Single women b. Single men c. Couples d. Families with children 13. Which of the following is a true statement regarding the homeless? a. Their presence has a negative effect on property values b. They are a homogenous group c. Most are under the age of 18 d. Most are homeless because of choice 14. The Federal Personal Responsibility and Work Opportunity Act provides: a. day work for the homeless. b. emergency room care for illegal aliens. c. that illegal aliens cannot receive government benefits. d. that illegal aliens cannot be deported. 15. Which of the following is a true statement regarding older cities? a. The infrastructure is generally in good condition b. Their tax bases are increasing c. They have been able to attract high tech industries d. They are experiencing gentrification near the central business district 2 Real Estate Economics – 5th Edition - by Huber, Messick, and Pivar Chapter 5 Bonus Quiz Answers Copyright January 2011, Educational Textbook Company 1. b (p163) 2. d (p167) 3. c (p173) 4. c (p174) 5. d (p179) 6. c (p186) 7. a (p181) 8. b (p177) 9. a (p166) 10. b (p167) 11. c (p169) 12. b (p170) 13. a (p171) 14. c (p169) 15. d (p185) 3