Talk:Bid rent theory

Should include criticisms/critiques

It would be worth noting some of the more general problems with the model. For instance, not accounting for externalities (environmental), planning constraints etc. An accessible example would be the 'Green Belt'. Most importantly that such models are based on an underlying assumption that urban areas are monocentric. Chris.suckling (talk) 10:42, 2 June 2008 (UTC)[reply]

Layout

Could also separate von Thunen's model under a different heading and elaborate on the explanation. Von Thunen's model is a development of Ricardo's, but has little to do with an 'Agricultural Analogy'. Chris.suckling (talk) 10:42, 2 June 2008 (UTC)[reply]

Update

The section talking about people relocating to the edge of the city seems out of date. In the developed world for the last 20 years only the poorest home buyers have gone to the urban fringe in numbers (less a few on hobby farms) as the rich have moved back into urban centres, in effect paying more for housing in order to pay less on travel. Those buying at the urban fringe have traded lower house costs for higher commute costs, and are extremely vulnerable to changes in oil prices. Indeed, some[1] have suggested that the last economic crash was caused by a spike in oil prices bankrupting families whose choice of location required each member over 16 to own a car.77.89.190.90 (talk) 11:15, 22 October 2014 (UTC)[reply]