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2/First reaction: it's impossible to say that Opportunity Zones have been a “Bonanza” for anyone. We are in *such* early days. Opportunity Zone funds will not have any returns for ten years, minimum (this was intentional, it’s patient capital!)
3/ The narrative that a “wave of developments” is happening is not yet true. Opportunity Zone funds across the country have raised less than 10% of their goals. It is a new market and most people are very cautious.
