Date of Award

Summer 1976

Degree Type

Thesis - Restricted

Degree Name

Master of Science (MS)

Department

Mathematics

First Advisor

Lochner, Robert

Second Advisor

Heintz, Timothy J.

Third Advisor

Downing, Darryl J.

Abstract

In the minds of many Americans there lurks the belief, accepted as dogma, that as minorities move into a neighborhood property values necessarily go down. It has long been assumed that buying a home in certain areas of the city of Milwaukee invites financial disaster due to the influx of minorities and the consequent drop in property values. Similarly, it has been assumed that home buying in Milwaukee County suburbs is financially more prudent than buying in the city itself. The purpose of this study is to investigate the validity of these assumptions, and to identify some of the important factors in determining the financial gains of homeowners in selected areas of Milwaukee County. The financial gains of homeowners is measured in terms of their net worth in selected areas of the county after the period of ownership from 1968 to 1975. A comparison of the net worth of homeowners will establish a ranking of these areas on the basis of their financial gains.

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