Planet Money Moving to the American dream? (update)
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Nov 6, 2024 In this discussion, Raj Chetty, Director of the Opportunity Insights Team at Harvard, delves into groundbreaking research on economic mobility. He reveals surprising results from a federal housing voucher experiment that aimed to improve outcomes for families moving to low-poverty neighborhoods. Despite expectations, initial impacts on education and earnings were minimal. Chetty highlights how relocating at a young age can significantly boost adult success, reshaping housing policy across the country. The conversation uncovers the complex dynamics between neighborhoods and the American Dream.
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Moving to Opportunity Experiment
- In 1994, HUD conducted an experiment to see if moving families from high-poverty to low-poverty neighborhoods would improve their lives.
- The experiment, known as "Moving to Opportunity", involved giving families vouchers to move to better areas.
Initial MTO Findings
- The initial results of the MTO experiment were surprising, showing no significant impact on long-term economic outcomes like income and education.
- This led many to believe that simply moving to a better neighborhood wasn't enough to improve economic mobility.
Shirley and Brian's Story
- Shirley Hudnall and her son Brian participated in the MTO program, experiencing both the challenges and adjustments of moving.
- Brian faced difficulties adapting to his new school and environment after leaving Baltimore.