Research Paper

Opportunity and Housing Access

September 29, 2016

Authors Arthur Acolin , Susan Wachter

Current Themes

Opportunity and Housing Access -- title page

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Overview

This paper examines the critical connection between housing affordability and access to economic opportunity in the United States. It highlights the growing divergence in regional and metropolitan economic fortunes, driven by the concentration of high-skill jobs in high-cost areas and the displacement effects of urban revitalization. The study emphasizes the need for targeted policies to improve housing affordability and access to opportunities in high-growth regions, thereby fostering social inclusion and economic mobility.

Key Message

To promote inclusive economic growth and enhance social mobility, it is crucial to address the barriers to housing affordability and access to high-opportunity areas. Key policy recommendations include expanding housing vouchers, implementing ZIP-code-based rent ceilings, and increasing investment in affordable housing in high-growth regions. Additionally, fostering local and regional initiatives that integrate economic development, education, and housing policies can create more equitable access to opportunities. By ensuring that lower-income households can afford to live in areas with abundant job opportunities and amenities, these measures can help reduce economic disparities and support sustainable, inclusive growth