Nobody downloaded yet

Micro Units - Essay Example

Comments (0) Cite this document
[Instructor Name] Micro Units Advantages and disadvantages of living in a micro unit Micro units are living spaces which are around 300 square feet with all elements of a home available in that limited space; the kitchen, bedroom, dining area, washing area, bathroom etc…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.6% of users find it useful
Micro Units
Read TextPreview

Extract of sample
"Micro Units"

Download file to see previous pages This movement was started by Michael Bloomberg, who is considered a ‘social engineer.’ He has been bent on making the city of New York a better place to live in; cleaner, healthier and economical (Susman 2012). A few statistics that need to be considered to be in favor of building micro units and utilizing them are: around 33% of New Yorkers are people who live alone, and a great deal of them either has an additional parent or child with them (i.e. being single parent families) and they could do well with a smaller space both in terms of price and space. By 2030, the population is expected to rise by 900,000 and 0.8 million target population for this project who is not utilizing this facility but are perfect candidates for it. It is highly unlikely that the city will be able to accommodate the population in terms of its growth rate. Most of the large houses and the housing stocks also are available for nuclear families and there are laws for example for two families living together in an apartment and so forth, and so micro units are a convenient solution of those who have been living illegally. So basically the market is available and making this option open will just cater to the demand of the economy. Most people also perceive that bigger is better and smaller places are dull and gloomy, but many examples show that one can personalize their own small space better, and move about easier; e.g. the distance between the bathroom and the kitchen and the bedroom is smaller and so it is convenient to move around in one’s own little space. In this way one can exercise their personal creativity and have a sense of ownership; it can actually even be good for the soul. Also, the smaller the space, the smaller the rent, and thus these micro units are also more economical. Most single individuals start with a salary of about 1300$/month and with this amount can usually not afford a larger space with a higher rent, or purchase homes. And therefore, it is more feasible for them to shift into a smaller space where they may even some disposable income left to spend other than on their housing needs. The real estate market is extremely pricey and thus people flee to such small dwellings which do not make them feel poor. It is also easier to maintain these micro units as they are a smaller space and thus easier to protect, clean etc. Also, the growing trend of urbanized cities is that individuals are barely ever at home. For such a situation, there is no point of owning a large plot and a large home and pay all the expenses as well because not only is it unfeasible but it is difficult to maintain and there are many others looking for space in the populous city who would not get any accommodation because others who can afford it buy large spaces and don’t even dwell in them. Lastly, people don’t hoard; they will not have the space to keep unnecessary items and will continue to purge and clean their homes so that they are not only cleaner, but there is no clutter and only the important stuff is available in their homes. In this way, they will become simpler and cleaner. This will lead to “charming but cramped apartments” that one would want to live in and not consider them as unlucky. However this micro unit movement also has certain disadvantages. The movement that Bloomberg has proposed will only provide a space for the building of these micro units, not the construction costs that the tenants will have to bear. Micro units are also ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Micro Units Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/sociology/1458987-micro-units
(Micro Units Essay Example | Topics and Well Written Essays - 1250 Words)
“Micro Units Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/sociology/1458987-micro-units.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Micro Economics Questions
What is the opportunity cost of your going to college? List components of the opportunity cost. Be sure to include all costs, including the value of what you might otherwise have done with your time (including forgone leisure time, working) as well as the price of tuition, books, et cetera.
6 Pages(1500 words)Essay
Assignment in Micro economics
Microeconomics is therefore the study of how firms, individual, and households allocate the resources at their disposal to satisfy their limitless and recurrent need. Since resources are limited, it is important for the consumers to rank their demands and wants in the order of preferences.
3 Pages(750 words)Essay
Macro & Micro Economics
The demand side of the market comprises of the owner and the renter while the supply side comprises of the developer as well as the renovator. In order to analyze the demand and the supply factors a number of modifications need to be implemented in the microeconomic assumptions.
8 Pages(2000 words)Essay
Project on Micro Economy
Such issues include the concept of opportunity cost, production possibility frontier, and scarcity of resources, tradeoffs, efficiency, and the market structure in which Thasta operates. First section: Opportunity Cost Concept The management of Supa Drink must factor in this critical concept as they plan to roll out Thasta into the beverage market.
5 Pages(1250 words)Essay
Macro & Micro Environmental Analysis
According to the report decisions and strategies should fit in with the environmental conditions and some factors should be modified to suit the organisational needs. Companies operating within today’s globalised economy are affected by a wider and more turbulent globalised macro environment and therefore pose greater managerial challenges.
15 Pages(3750 words)Essay
Micro Economics
Short run equilibrium of a firm can be derived based on the total revenue and total cost and marginal revenue and marginal cost and marginal revenue and marginal cost. As firms are price-takers, each firm in an industry tries to maximize its profit by adjusting the output to a level where Marginal Cost (MC) =Marginal Revenue (MR).
4 Pages(1000 words)Essay
Regulating Units
A damper is a regulating unit which consists of pivotally mounted damper blades. Adjustment of the blades which is done by another part pivotally connected to the blades controls the air flow. For dampers
4 Pages(1000 words)Essay
The statement succeeds in hazard identification as it identifies both health concern and pathogen that causes the concern. This is because an established
2 Pages(500 words)Essay
Micro economics 300
where the slope of the indifference curve equals the slope of the budget constraint. At this point, the consumer obtains the best combination of the two goods that gives him/her the maximum utility of the given budget constraint. (c) If the
5 Pages(1250 words)Essay
Assignment in Micro economics
Individual consumer’s focuses on maximizing their utility subject to their budget line (MagrabI, 1991). On the other hand, producer’s aims at maximizing their profits subject to their production Isoquants (Mceachern,
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Micro Units for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us