HUD's Carson on Opportunity Zone Investing

The video discusses opportunity zones created by the 2017 tax cuts, allowing investment in economically distressed areas with tax benefits. It highlights differences from past enterprise zones, emphasizing long-term investment and collaboration among federal agencies. The selection of zones by states aims to ensure effective investment. Concerns about tax revenue loss and investment accessibility are addressed, with expectations of significant economic impact. The video concludes with insights into the housing market, noting fluctuations and the importance of market forces.

What concerns have been raised regarding the selection of opportunity zones?

What is the estimated amount of investment that could be attracted into opportunity zones?

How does the speaker view the current state of the housing market?