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The author suggests operating in areas near colleges because they're developed but the students artificially depress the wages (there's a big difference between
by travisjungroth 4y ago
The author suggests operating in areas near colleges because they're developed but the students artificially depress the wages (there's a big difference between a median income of $10k for a neighborhood of families vs college students). Selling these tax laws as the will of the people is a bit of a stretch.
- gleenn 4y agoAfaik the local governments choose the opportunity zones. They probably put those zones next to colleges because they met the requirements AND someone locally thought it would be a good idea to develop there. I definitely still think it's the will of the people deciding how to allocate some money that would otherwise sit in a stock much longer instead.