VOICED : Renters in Florida face rising costs and decreasing options

VOICED : Renters in Florida face rising costs and decreasing options

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the growing rental market in Florida, highlighting the shift from homeownership to a renter-based society in the US. It explains how the 2008 foreclosure crisis led to a surge in rental demand, resulting in high rents. The video also addresses the challenges faced by low-income residents in finding affordable housing, especially in Florida's tourist-driven economy.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the price range for the two-bedroom, two-bath apartments that Mark Neidig was looking for in Orlando?

$1000 to $2000

$3000 to $4000

$2000 to $3000

$4000 to $5000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change in the housing market began around 2014 in America?

A decline in apartment construction

An increase in homeownership

A decrease in rental prices

A shift to a renter-based society

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted impact of rising demand for rentals in Florida?

A rise in rental prices by more than 5%

An increase in homeownership

A decrease in rental prices

A decline in apartment construction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of income is considered the maximum for affordable housing expenses?

50%

20%

40%

30%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the rising rent impact Florida's tourist economy?

It reduces the number of tourists

It deeply affects low-wage workers

It has no impact

It benefits low-wage workers