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4/12/2015 LandRentTheoryhttps://people.hofstra.edu/geotrans/eng/ch6en/conc6en/landrent.html 1/2LandRentandLandUseAccordingtothelandrenttheory,landuseistheoutcomeoftherentpayingabilityofdifferenteconomicfunctionsinurbanareas,suchasretailing,industryandresidence.Theoptimallocation,whereaccessibilityisoptimal,isusuallythecentralbusinessdistrict.Everyactivities,includingrural,wouldliketobelocatedthere,buttheydonothavethesamecapacitytoaffordthisoptimallocation.ByoverlappingthebidrentcurvesofalltheurbaneconomicactivitiesaconcentriclandusepatterniscreatedwithretailingintheCBD,industry/commercialonthenextring,apartmentsfartheronandthensinglehouses.Thisrepresentationconsidersanisotropicspace.Intherealworldasetofphysiographic(waterfront,hills,etc.),historical(tourism)andsocial(race,crime,perception)attributeswillinfluencebidrentcurves.Whenacitygrows,moreremotelocationsarebeingused,makingtherentofmostaccessibleplacesincrease,inducinghigherdensitiesandproductivity.Thisgenerallyoccursby"expulsing"someactivitiesoutsideandbyattractingmoreproductiveactivities.Densityandrentarecloselyrelated.Theaboverepresentationconsidersamonocentriccity,butcanbemodifiedtoapplytoapolycentriccity.THEGEOGRAPHYOFTRANSPORTSYSTEMSHome|Contents|Media|Glossary|Links|About|Contact|PurchaseCopyright19982015,Dr.JeanPaulRodrigue,Dept.ofGlobalStudies&Geography,HofstraUniversity,NewYork,USA.Thismaterial(includinggraphics)cannotbecopiedorredistributed,inwholeorinpart,inANYFORM(printedorelectronic)andonANYMEDIA.ForspecificusespermissionMUSTbeHome Contents Media Glossary Links About Search4/12/2015 LandRentTheoryhttps://people.hofstra.edu/geotrans/eng/ch6en/conc6en/landrent.html 2/2requestedandthematerialmustbecited.