Research Paper

Housing and Opportunity

February 15, 2017

Authors Susan Wachter , Arthur Acolin

Current Themes

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Overview

This brief examines the changing landscape of housing affordability and its implications for economic mobility and social inclusion in the United States. It highlights the increasing divergence in opportunity across regions, the rising costs of housing in high-opportunity areas, and the growing inequality within metropolitan areas. The paper discusses the impact of these trends on intergenerational mobility and suggests policy interventions to address housing affordability and promote inclusive growth.

Key Message

To address the growing inequality of opportunity and its impact on social mobility, a multifaceted approach is needed. Policies should focus on increasing access to affordable housing in high-opportunity areas through housing vouchers and inclusive zoning. Additionally, initiatives to bring opportunity to lower-income regions through economic and community development, education improvements, and skill training are crucial. By enhancing affordable housing availability and supporting economic mobility, these measures can foster more inclusive and equitable urban environments, ultimately improving intergenerational mobility and reducing social disparities.