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tiRTICLE XII
Endowment Fund
. The income from the endowment fund shall be used
to support research and education in real estate and urban
de~elopment. The following five research topics are to be
gi~~en top priority:
1. Forecasts of employnnent and population by SNSA
in the U.S. thro:~gh the year 2000. Such forecasts shall
emphasize the use of econo:nic-base analyses.
2. Sector theory analyses of inetropolitan areas.
3. Shopping center analyses evaluating operating
results for various types of centers ir. the 1950's, 1960's,
1970's, and beyond.
4. A national study of home p'rices utilizing
coun~y or other small area analyses. Included within this
study should be sma?1 are~ analyses of selected metropolitan
areas, utilizing areas as small as census tracts, where •
appropriate.
S. Study of prices of urban land by land use
types, such as residential, commercial, and industrial,
especially a comparison between prices in suburban counties
and central cities. Comparisons also ~o be macie among
d=~ferent metropolitan areas.
The tr.rust of these studies is to be two-fold.
First, to establish the base study, giving fundamental
information. Second, to provide an on-going ~nformation
update.
It shall be a prime purpose of the Institute to
develop and publish statistical serie$ which provide data
for real estate and urban development decision r;aking.
Wherever practiczble, join~ sponsorship of ttiese
studie~ should be provided. Such sources incluue, but are
not limited to, HUD, Bureau of the Census, and other U.S.
Goverr.emnt agencies, ULI, Brookings Institute, and other
private research organizations, Mortgage Bankers Associations
and other trade associations, and various ur.iversities..
~n~~351 PA~E2251