Overview
1. Intermediate Accounting
(450 words for discussion board post) (APA format)
(in-text citations are a must)
(article is attached)
No Plagiarism
No use of Artificial Technology
PDF ARTICLE IS ATTACHED BELOW
Our discussion will center on depreciation. Please read the article below:
Woo, A., Joh, K. & Yu, C-Y. (2020). Who believes and why they believe: individual perception of public housing and housing price depreciationLinks to an external site..
Be sure to post an initial, substantive response by Thursday at 11:59 p.m. MT, to the following prompt:
Select one talking point from the article that you believe is an important consideration in accounting for depreciation. Do you agree or disagree with the authors' perspective? Support your position by stating why you believe your assessment is relevant.
Work to demonstrate your understanding of the material from this module and, where necessary, include your sources.
Respond to 2 or more peers with substantive responses by Sunday at 11:59 p.m. MT. A substantive initial post answers the question presented completely and/or asks a thoughtful question pertaining to the topic. Respond to your classmates’ initial posts in one of the following ways:
- Build on something interesting or provocative that your classmate wrote.
- Explain why and how you see things differently.
- Ask a probing or clarifying question.
- Share your understanding of your classmate’s posting in your words.
- Offer and support an opinion with peer-reviewed sources or industry best-practices.
- Expand on your classmate’s posting by providing constructive feedback.
2. Intermediate Accounting
(250 words for discussion board reply) (APA format)
(in-text citations are a must)
(article is attached)
No Plagiarism
No use of Artificial Technology
Amanda Simmons
Aug 20 12:55pm
Reply from Amanda Simmons
In the article, the authors explore whether public housing results in a decrease to local property values in Seoul, Korea. I find it particularly interesting that the mindset of those impacted by the decreased property values varies by age and income, yet the consensus is that there is a negative perception of public housing developments. It makes sense that the mindset has a profound impact on the image, as those who were raised in public housing or were close with someone who has experienced it, would understand the various advantages of public housing. Whereas those who have no experience in it and are basing their assumptions on the media and predetermined biases would believe there are more disadvantages to them, including decrease in property values. I agree with the sentiment that there are certain ages, genders, professions, etc. that are more inclined to make decisions based on what they believe rather than the data that is presented to them which would cause them to argue that the development of public housing would have a negative impact on them personally in causing the depreciation of their own homes.
Amanda
Woo, A., Joh, K., & Yu, C.-Y. (2020). Who believes and why they believe: Individual perception of public housing and housing price depreciation. ScienceDirect. https://www-sciencedirect-com.csuglobal.idm.oclc.org/science/article/pii/S0264275120313676
3. Intermediate Accounting
(250 words for discussion board reply) (APA format)
(in-text citations are a must)
(article is attached)
No Plagiarism
No use of Artificial Technology
Lisa Ortega
Aug 18 5:50pm| Last reply Aug 20 12:32pm
Reply from Lisa Ortega
Hi everyone.
One point from the article that stood out to me is how much people’s perceptions matter when it comes to fears about housing prices dropping near public housing. The authors argue that it’s not always about actual numbers, but more about what people believe will happen, and I think that’s true. If enough buyers assume public housing will bring down the “value” of a neighborhood, that belief alone can influence demand and eventually affect prices, even if the housing itself is safe and well built. I agree with this perspective because we see this kind of thinking in lots of areas of life, sometimes perception has more power than reality. I think this point is especially relevant for planners and policymakers, since it shows they can’t just focus on construction or affordability; they also have to deal with public opinion. To me, that means showing examples of successful mixed income communities or changing the image of public housing so people don’t automatically connect it with crime or poor quality. Without addressing that stigma, the fear of price drops will always be there, whether or not it’s actually justified.
Reference:
Woo, A., Joh, K., & Yu, C.-Y. (2021). Who believes and why they believe: Individual perception of public housing and housing price depreciation. Cities, 109, 103019. https://www-sciencedirect-com.csuglobal.idm.oclc.org/science/article/pii/S0264275120313676Links to an external site.