Crisis in a small American city : a spatial analysis of race, subprime lending and foreclosure in Muncie, IN

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dc.contributor.advisor Radil, Steven M. Preidt, Kathryn J. 2016-05-10T15:39:29Z 2016-05-10T15:39:29Z 2016-05-07
dc.description.abstract During the so-called ‘Great Recession’ of 2007-2010, over four million homes in the U.S. were lost to foreclosure, many of these being the result of subprime lending. Research on subprime lending has emphasized the role of race and income in shaping the geography of foreclosure in large cities but no research has focused on smaller cities in the urban hierarchy. This study focuses on the context of a smaller city and employs several interrelated methods of spatial analysis, including global and local Moran’s I, geographically weighted regression, and the location quotient, to investigate the relationships between foreclosure, race, and income in Muncie during a period of global economic crisis. The findings suggest that race and income were less important in Muncie than in other larger cities. This difference may have been the result of other factors unique to Muncie such as the loss of industry in a factory town or to the extent that large national lenders implicated in subprime lending were engaged in lending in a small city. en_US
dc.description.sponsorship Department of Geography
dc.subject.lcsh Minorities -- Housing -- Indiana -- Muncie.
dc.subject.lcsh Subprime mortgage loans -- Indian -- Muncie.
dc.subject.lcsh Foreclosure -- Indiana -- Muncie.
dc.subject.lcsh Spatial analysis (Statistics)
dc.subject.other Muncie (Ind.) -- Economic conditions -- 21st century.
dc.title Crisis in a small American city : a spatial analysis of race, subprime lending and foreclosure in Muncie, IN en_US Thesis (M.S.) en_US

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  • Master's Theses [5293]
    Master's theses submitted to the Graduate School by Ball State University master's degree candidates in partial fulfillment of degree requirements.

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