1895-1984
HoMeR HoYt
{
MeNaLiE HyDe
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Went to the University of Kansas
Went to Uchicago where he earned in
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1918 a J.D.
1933: a Ph.D. in economics
1918 -1933: Taught economics, accounting and business law at many
colleges.
Had some background in real estate
taught econ, accounting and business law at many colleges.
Hoyt joined the Federal Housing Administration in 1934 as a
Principle Housing economics
In 1946 he opened a consulting firm and studied economic analysis
Hoyt’s money from investing real estate allowed him the funds to
found the Homer Hoyt Institute-specializes in land economics and
real estate appraising research.
Wrote Principles of Real Estate textbook along with Arthur Weimer,
something that has been made into seven editions. His dedication to
real estate helped him develop his famous sector model theory.
Biography
Hoyt Sector Model
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Lower income housing closer to business
districts
The whole sector revolved around a center
business district with various transportation
routes around it
Middle/High income people lived farther away
from factories
More information can be found on pages 411412
Hoyt Sector Model Cont
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"Sector Model." Wikipedia. Wikimedia
Foundation, 16 Sept. 2011. Web. 24 Sept. 2013.
"Homer Hoyt." Wikipedia. Wikimedia
Foundation, 09 Oct. 2010. Web. 24 Sept. 2013.
Rubenstein, James M. The Cultural Landscape:
An Introduction to Human Geography. Upper
Saddle, River, NJ: Prentice Hall, 1996. Print.
Hoyt, Homer. According to Hoyt; Fifty Years of
Homer Hoyt. Washington, D.C.: n.p., 1966. Print.
Bibliography