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The “market” understands ways to successfully allocate money and improve return a lot better than bureaucrats and planners, no matter which kind of improvement is allowed. We should have legislation that allows them try this. Nonetheless, if we wish to address our recent socioeconomic difficulties, the reward of tax deferral and forgiveness really should be tied directly to development of matters we need, for example affordable housing and working with inexperienced making procedures, or mitigations in opposition to community destroying gentrification and the wholesale displacement of the residents of reduced income communities.
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