It can be conveniently stated that hot lanes have made all the aforesaid unpleasant issues as things of the past. Owing to their (hot lanes) presence, people are being fully facilitated in reaching their respective destinations, even without traces of any sort of impediments; leave alone a major traffic jam. The system of collecting toll for usage of hot lanes ensures that only people who are genuinely having the need of quick travel use the lanes. Additionally, by means of electronic displays, the drivers are informed about the then prevalent toll rate.
Based on that, they are enabled to arrive at a decision on whether or not to use the hot lane. Personnel is present on hot lanes to ensure that the flow of traffic is smooth, at any point in time. When compared with other sectors, the successful allocation of resources in the housing sector is rather tough, to say the least. On one hand, there is a huge demand in the urban housing market, attributable to the trend of a huge migration of rural dwellers, to urban locales. And on the other hand, the sector is being severely bogged down by problems such as inadequate capital and a shortage of workforce, amongst others.
(SOURCE 4) Another major impediment preventing apt allocation of resources in the sector is that the housing market’ s search for the equilibrium pertinent to it is yet to be successfully completed. Even experts in the avenues of economics and finance are unable to arrive at a satisfactory solution to address this issue of equilibrium. (SOURCE 4) Last but not least is the fact that the World is yet to fully recover from the recent economic recession.
And the same is seriously hindering the actions of all institutions and individuals, who are relentlessly striving to ensure that resources are aptly allocated in the sector. All the three topics covered in this write-up are vast, and there is a possibility that some key points might have been omitted due to a paucity of space.
Please type your essay title, choose your document type, enter your email and we send you essay samples