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This is an accepted version of this page This is the latest accepted revision, reviewed on 14 January 2025. Economic policy relating to housing markets Part of a series on Living spaces Main House: detached semi-detached terraced Apartment Bungalow Cottage Ecohouse Green home Housing project Human outpost I-house Ranch Tenement Condominium Mixed-use development Hotel Hostel Castle Public ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
Georgist economic theory describes rent-seeking in terms of land rent, where the value of land largely comes from the natural resources native to the land, as well as collectively paid for services, for example: State schools, law enforcement, fire prevention, mitigation services, etc. Rent seeking to the Georgist does not include those persons ...
Public economics examines the design of government tax and expenditure policies and economic effects of these policies (e.g., social insurance programs). Urban economics , which examines the challenges faced by cities, such as sprawl, air and water pollution, traffic congestion, and poverty, draws on the fields of urban geography and sociology.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
For example, consider a tenant who signs an agreement to rent a house for a year, but moves out (and stops paying rent) after only one month. The landlord may be able to sue the tenant for breach of contract: however, the landlord must mitigate damages by making a reasonable attempt to find a replacement tenant for the remainder of the year.
As of 2023, flood insurance in Florida from the NFIP cost on average $853 per year, according to ValuePenguin. This figure may seem more reasonable than the ones mentioned above, however, for low ...
It is the largest, most diversified port in Florida, has an economic impact of more than $15.1 billion, and supports more than 80,000 jobs. [66] [67] Florida is the leading state for sales of powerboats. Boats sales totaled $1.96 billion in 2013. [68]