Forbes -
5 May 2014 01:54

One of the big and under-appreciated problems in this country is income segregation. One way this happens is that higher income neighborhoods using restrictive zoning to keep low-income housing out of their neighborhoods. This is bad for low-income households because it often means effectively keeping them out of better schools, and even keeps them away from areas with better job market access. In their massive study on economic mobility, Chetty et al (2014) found that income segregation and eco...
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