The St Louis Contrarian

Providing Independent and Intelligent Insight on St. Louis Public Policy Issues

Opportunity Zones

A good article today from Brookings about Opportunity Zones. These are federally designated neighborhoods for which investors can derive large tax benefits by investing. The goal is capital appreciation rather than jobs or other more social indicators. The problem is that the program may lend itself to over gentrification and may actually drive poor people out of these neighborhoods. The jury is still out. In St. Louis, I don’t believe gentrification is much of a problem. Written by Paul Dribin

Single Post Navigation

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: