The Hidden Costs of the Housing Crisis: The Long-Term Impact of Housing Affordability and Quality on Young Children's Odds of Success
The authors of this 41-page report address the issue of affordable housing and it's impact on young children's short- and long-term outcomes. They examine the links between housing and education in the United States, focusing on implications for cost-effective policies that have a significant impact. The authors set out the different ways in which a lack of affordable, safe and decent housing hampers children's educational attainment. They emphasize the significance of housing features themselves as well as characteristics of the communities in which children reside. Among the key findings: twice as many Americans (95 million) spend more than 30 percent of their income on housing than lack health insurance (45.7 million); 11 percent of the U.S. homeless population is age 6 or younger; and three or more early life residential moves can reduce a child's odds of graduating high school by nearly 20 percent compared to their non-moving peers. The authors pay particular attention to young children and their families, highlighting the short-run and long-term impacts on society of the homes and neighborhoods where children spend their early years. The report concludes with a brief description of various policies - existing, proposed and potentially promising - to ensure that all children have stable and safe homes and neighborhoods. Modified Author Abstract.