What Your Childhood Home Says About Your Life Prospects
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To use myself as an example, I was raised in a small, middle-class suburb outside of Los Angeles. Growing up there shaped my life: I went to excellent grade schools and got a good education; I always had friends from different racial and ethnic groups and socio-economic backgrounds; I felt safe standing outside my home; I spent summers reading, playing, and learning to swim because we had a library, a pool, a gym, and a park within walking or biking distance of my home; I never saw snow until I was an adult; nor did I experience, or know anyone who was experiencing poverty.
Had my parents purchased a home even a couple of miles away, my entire childhood could have been completely different. In 1987, they were one of the first black families to move into their neighborhood. And there still aren't many others. Only a couple of decades before that, it would have been very common for them to be denied the ability to buy a home in a nice suburb because of their race.
Where You Go To School
Where you live determines if you go to a school that is overcrowded, lacks books, doesn't have any college preparatory classes or extra curricular activities, isn't warm or safe, and has inexperienced teachers; or one where you get an education that prepares you for college and the workforce. No matter how smart or hard-working they are, students who went to schools that were so under-resourced that they didn't even have books will have a lot of difficulty competing with students from well-resourced schools.
Your Social Network...Not Just Your Friends, But Maybe Even Your Future Job
The friends you meet in school and in your neighborhood comprise your social network - the contacts that will help you find work and other opportunities. Your neighborhood determines what jobs are even available near you. I once taught a workshop at a high school in a neighborhood where there was very little public transportation, it was unsafe to walk, and had no businesses. I was supposed to be teaching students skills to help them apply for jobs, and I literally never saw a single open business in their decimated neighborhood. Students and their parents had no options to obtain work unless they had a car. But who can afford a car to drive to work in if they don't already have a job?
Your Diet
Speaking of a lack of businesses, the neighborhood those students lived in didn't have grocery stores. This is not an exaggeration. There were literally no grocery stores. Many people in America live in neighborhoods, called food deserts, where they may have to travel over an hour or more to find healthy food. Not having easy access to good food, changes your quality of life drastically. Working with these students helped me realize how lucky I was to grow up in a neighborhood with so many resources and opportunities.
If you're interested in learning more about housing inequality check out this article by Ta-Nehisi Coates. I know the title says its about reparations, but its mostly about the long term effects of housing inequality and is an excellent read.