Smart growth strategies a key to economic opportunity
A map of income mobility. Mixed-income neighborhoods turn out to be a key indicator of a family’s ability to rise out of poverty. Via New York Times.
A new study from Harvard University and the University of California, Berkeley underscores why smart growth strategies are a key part of economically strong regions.
The Equality of Opportunity Project examined economic mobility—the likelihood a family will rise from the bottom of the income ladder toward the top. Schools, civic engagement and two-parent households are all correlated with economic mobility, but the study also considered factors that previous studies of economic mobility could not, including a region’s geography. The study found that where a family lives also impacts their potential to rise up the income ladder.