论文标题
Jue Insight：机会区（非）影响房价的影响
JUE Insight: The (Non-)Effect of Opportunity Zones on Housing Prices
论文作者
论文摘要
几十年来，美国最大的基于新地方的政策的机会区（OZ）计划会产生社区变化吗？我们比较了OZS的单户住房价格增长，而该计划中未包括但不包括的地区的价格增长。我们还将Oz与他们最近的地理邻居进行了比较。我们最可信的估计排除价格会以95％的信心影响0.5个百分点，这表明到目前为止，购房者不认为这种补贴会产生重大的社区变化。 OZ状况降低了几乎没有就业的地区的价格，也许是因为买家认为补贴新投资将增加住房供应。混合证据表明，绿野仙踪可能增加了住宅许可。
Will the Opportunity Zones (OZ) program, America's largest new place-based policy in decades, generate neighborhood change? We compare single-family housing price growth in OZs with price growth in areas that were eligible but not included in the program. We also compare OZs to their nearest geographic neighbors. Our most credible estimates rule out price impacts greater than 0.5 percentage points with 95% confidence, suggesting that, so far, home buyers don't believe that this subsidy will generate major neighborhood change. OZ status reduces prices in areas with little employment, perhaps because buyers think that subsidizing new investment will increase housing supply. Mixed evidence suggests that OZs may have increased residential permitting.
