|
|
|
|
|
|
by alextheparrot
3034 days ago
|
|
|
Brooks did an interesting study on this, check Page 5 [0]. The answer is that there is a lot of mobility, but your parent’s income status definitely seems to be correlated with their child’s income status. That isn’t to say it is causative, maybe people who grew up in high cost of living areas just stay in them, where incomes are higher to accommodate. [0] https://www.brookings.edu/wp-content/uploads/2016/07/02_econ... |
|
|