CMT3610 Urban Housing and Development
Educational Level: Upper undergraduate, Bachelor
Credit Hours: 3 Credits
Instructor: Dr. Darryl Tukufu
Students will become familiar with the concepts and theories of the economics of the housing market, with a specific emphasis on real estate; home building with emphasis on evaluating site potential and obtaining development approvals; and review of key theories with implications for urban growth.
How This Course Benefits Students:
The housing industry is very important with respect to the economy and urban development. Based off the experience of Mark Calabria, director of financial regulations studies at the Cato Institute, the housing market historically leads society in and out of recessions. (Woodward 2015).
Why This Course Is Important:
Shaun Donovan, the former Secretary of HUD states it well: Strategic Plan 20142018 lays out priorities and goals to accelerate the gains already made and ensure a crisis of this magnitude never occurs again. The first component is strengthening the nations housing market to spur economic growth and protect consumers. We will continue to bolster the Federal Housing Administrations mission of ensuring that qualified homebuyers have access to credit and push for a housing finance system that maintains the careful balance between responsibility and opportunity. Knowledge of urban growth and development is a great opportunity to join God where He is working and with the hope and freedom that can be found in Him. We have the opportunity to join Him in His mission.