Which of the following contributed to the failure of the Pruitt-Igoe housing development in St. Louis? A lack of poverty in St. Louis. A lack of demand for multifamily property in St. Louis. There was only one target market and racism guided the city's analysis. The diversion of Federal Funds, both during construction and once maintenance began, to the mostly white project. Heavy weather activity for years before the building of the 33 towers.
Which of the following contributed to the failure of the Pruitt-Igoe housing development in St. Louis? A lack of poverty in St. Louis. A lack of demand for multifamily property in St. Louis. There was only one target market and racism guided the city's analysis. The diversion of Federal Funds, both during construction and once maintenance began, to the mostly white project. Heavy weather activity for years before the building of the 33 towers.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Transcribed Image Text:aterials
Which of the following contributed to the failure of the Pruitt-Igoe housing
development in St. Louis?
A lack of poverty in St. Louis.
A lack of demand for multifamily property in St. Louis.
There was only one target market and racism guided the city's analysis.
The diversion of Federal Funds, both during construction and once maintenance began, to the
mostly white project.
Heavy weather activity for years before the building of the 33 towers.
Transcribed Image Text:m
ements
ents
se Materials
Question 2
Diversification in both tenant demographics and rental design, including a mix of floor
plans and apartment size, has been linked to lower vacancy rates.
True
False
Question 3
It is important to thoughtfully establish your target markets i order to improve which of
the following?
Your higher probability of long-term success of the project due to lower vacancy rates.
O Your ability to exclude specific demographics.
O The likelihood that your tenants do not exactly match your original target market.
The likelihood that your operating expenses will decrease once the building is completed.
Your understanding of the effect of stock market values on property values.
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