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Consider a city in which urban density averages five housing units per acre. The city is fully circular with the CBD at the center. The
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Consider a city in which urban density averages five housing units per acre. The city is fully circular with the CBD at the center. The distance between CBD and the city border is 30 miles. Land at 10 miles from CBD costs $500,000 per acre and land at 20 mile from CBD costs $300,000. Calculate annual transportation cost per mile assuming the city is currently neither growing nor shrinking.
Consider a city in which urban density averages five housing units per acre. The city is fully circular with the CBD at the center. The distance between CBD and the city border is 30 miles. Land at 10 miles from CBD costs $500,000 per acre and land at 20 mile from CBD costs $300,000. Calculate annual transportation cost per mile assuming the city is currently neither growing nor shrinking.
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