Homer Hoyt

Homer Hoyt was an influential American economist and urban planner best known for developing the sector model of urban land use. This model explains how cities grow and organize themselves, showing how residential, commercial, and industrial areas tend to form in specific patterns. Hoyt’s work helps us understand why neighborhoods develop different character and property values based on their location within a city, often shaped by factors like transportation routes and economic activities. His theories assist city planners and real estate professionals in making decisions related to urban development and land use planning.