Small investments in poor neighborhoods are the best way for a community to build wealth. They are also the best way to lift people out of poverty without displacing them from their neighborhood.
You’re coming at it from the wrong angle. The reason it’s worth more is not because the owners are paying more in taxes, but rather, the costs to maintain the neighborhood are less, allowing the money to be used for other improvements.
You’re coming at it from the wrong angle. The reason it’s worth more is not because the owners are paying more in taxes, but rather, the costs to maintain the neighborhood are less, allowing the money to be used for other improvements.