Question 8 (2 points) Which of the following is NOT true about Opportunity Zones? Approximately 10-12% of the total land are of the US has been designated as a Qualified Opportunity Zone. Opportunity Zones supersede all existing zoning laws and entirely govern what can be built in the Qoz. Parts of Long Branch are in a Qualified Opportunity Zone The QOZ program is one of many potentially viable incentive programs designed to attract investment in economically distressed areas. Question 9 (2 points) Which of the following is NOT true about equity REITs? They are often specialized by property type. They use high amounts of leverage relative to private real estate investments. They do not pay taxes at the corporate level. They have a relatively high dividend yield relative to the average stock in the S&P 500