Rich People Flee from the Poors to Raise Their Families
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Young_Chitlin
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By: ISHA ARAN
Apparently rich people only like living in economically diverse areas just for kicks — that is, until they start having kids. A recent analysis of census data indicates that the wealthy are twice as likely to relocate to more affluent neighborhoods than they were in the 70s, largely owing to their budding silver spoon-toting families. Social mobility is, of course, that much easier when you're driving an M-Class.
As Neil Shah at the Wall Street Journal writes:[M]any Americans, especially those with resources, like residing in socioeconomically-diverse areas when they’re younger, but once they have kids, and want the best for them, they head out — not just to the suburbs, but to suburbs with better schools and richer people and less crime — even if they have to pay up.
And as the top 10% of American families control almost 50% of all income, this doesn't exactly leave much for the already underfunded schools and other community facilities.
Geographic segregation will only exacerbate economic disparity. The schools in wealthy neighborhoods will continue to receive the resources necessary to stay on top, while the schools in poorer areas will continue to be left in the dust. Looks like poor people really should have thought twice before being caught in the geographically and socieconomically paralyzing cycle of inequality.
http://blogs.wsj.com/economics/2013/10/16/richer-americans-like-living-with-poorer-people-until-they-have-kids/
Comments
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No surprise here....I'll say this much though, poor kids with a stable household and parents who VALUE education can make it. I've seen it happen many times
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Ehhh I don't blame them. Poor areas are more crime ridden. That's just a fact. If you got the money to take your family away from that, why wouldn't you?
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Dude I worked with asked me if I ever been to Jane and Finch cause he was there chillin with his people. I asked him why the ? I would ever wanna be there.
Nobody likes poverty. It's even reflected in the music. -
i agree that this behaviour will only make the poor areas poorer and the rich areas richer. at the same time i can't blame them for wanting a safer environment with better opportunities for their families.
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it's well and good until you break the financial equilibrium, and then our posse transitions from peer to panderer. words of wisdom.
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...no, but seriously, rich people and poor people can't "just be friends." it never works out the way they intended.