GEOG101 Chapter Notes - Chapter 14: Land Values, Planned Community, Ron Herron
Document Summary
Morphology: elements making up the form of a city. In ancient cities, the center was where the elites lived. In medieval capitalist city, the center surrounded a marketplace. Advantages are that it is regular, simple, and repeatable for as far as the city aspires to go. The political economic system determined the extent of urbanization, as well as the logic of where cities were situated. Land values in the city: values displaced in this graphic by height. Central business district (cbd): the point with the greatest access to offices, banks, stores, and other activities. Peak value transportation or the prime value intersection (pvi): located at the intersection of 2 main streets. While functions in the public domain are located based on public need the private: these market principles are based on the following equation land value = functions are determined by market principles. f(site, internal situation) F = function, specifically land value is a function of site and internal situation.