The best move parents can make for their children is to a neighborhood with excellent schools, more career opportunities and the opportunity to grow up with peers who value education, hard work and achievement. Note: you don't even have to be wealthy to make this happen.Although controversial, research has found moving to a better neighborhood is a better investment than tutoring and extracurricular activities like piano lessons. "Forty to 50 years of social science research tells us what an important context neighborhoods are, so buying a home in a safe and respected neighborhood is probably one of the most important things you can do for your kid," says Ann Owens, a sociologist at the University of Southern California. "There’s mixed evidence on whether buying all these other things matter. But buying into a great neighborhood provides huge advantages."
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