I work right across the street from the proposed Montgomery County MD location and a big helicopter has been circling the space. Made me think I wonder if it was the Amazon people and the NYC deal fell through.
I work right across the street from the proposed Montgomery County MD location and a big helicopter has been circling the space. Made me think I wonder if it was the Amazon people and the NYC deal fell through.
“Amazon said it does not have plans to reopen the search for a replacement location. The company will continue to build its planned headquarters in Virginia and its other planned location in Nashville.”
I work right across the street from the proposed Montgomery County MD location and a big helicopter has been circling the space. Made me think I wonder if it was the Amazon people and the NYC deal fell through.
To get a better deal in Washington. That’s what Amazon does. Not surprising.
Cuomo seems to be blaming pols and not Amazon.
Sometimes a thing is exactly what it purports to be.
You talking Washington DC (the other new location) or Washington state? What did they offer since LIC was chosen that would entice Amazon to change course?
Not sure how or why anyone would have thought... Â
that a move to the NY area was ever real. If you were Virginia for example and you got "played", then you are as foolish as the people in NY who thought Amazon was coming.
When companies are leaving the NY area in droves due to increased costs.... why on earth would one of the largest companies in the country move in?
Moving to the NY area is a major financial mistake for any company that does not rely on BEING in NY to exist (ie a restaurant, financial services maybe, or a roofing company).
To get a better deal in Washington. That’s what Amazon does. Not surprising.
Cuomo seems to be blaming pols and not Amazon.
Sometimes a thing is exactly what it purports to be.
You talking Washington DC (the other new location) or Washington state? What did they offer since LIC was chosen that would entice Amazon to change course?
.
They got NYC to agree to a huge tax break, took that offer had DC match or beat it because that’s where they ultimately wanted it to be, probably to get government contracts. Now they are pulling out and making it out to be NYCs problem.
They do this shit all the time with products. Get someone to start selling on Amazon and then undercut them after they figure out what’s selling.
They need to be regulated. They need to be in DC to buddy up the senators so they don’t change anti-trust laws.
They got NYC to agree to a huge tax break, took that offer had DC match or beat it because that’s where they ultimately wanted it to be, probably to get government contracts. Now they are pulling out and making it out to be NYCs problem.
They do this shit all the time with products. Get someone to start selling on Amazon and then undercut them after they figure out what’s selling.
They need to be regulated. They need to be in DC to buddy up the senators so they don’t change anti-trust laws.
They didn't need NYC in the running to get Virginia/DC to offer massive tax breaks. Those areas offered the breaks on their own volition.
And several sites offered significantly more than NYC or DC (e.g. Newark) and were still turned down.
that a move to the NY area was ever real. If you were Virginia for example and you got "played", then you are as foolish as the people in NY who thought Amazon was coming.
When companies are leaving the NY area in droves due to increased costs.... why on earth would one of the largest companies in the country move in?
Moving to the NY area is a major financial mistake for any company that does not rely on BEING in NY to exist (ie a restaurant, financial services maybe, or a roofing company).
I agree. I was shocked that NY was on the list to begin with. No real surprise Amazon isn't going there.
RE: Not sure how or why anyone would have thought... Â
that a move to the NY area was ever real. If you were Virginia for example and you got "played", then you are as foolish as the people in NY who thought Amazon was coming.
When companies are leaving the NY area in droves due to increased costs.... why on earth would one of the largest companies in the country move in?
Moving to the NY area is a major financial mistake for any company that does not rely on BEING in NY to exist (ie a restaurant, financial services maybe, or a roofing company).
Plenty of large companies are expanding into the NYC area, most notably Google.
For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long-term. While polls show that 70% of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City," the statement reads.
but it's a strange dichotomy to chase away an employer who would have brought a great deal of indirect revenue into your city and state and then complain about the flight of wealthy New Yorkers to friendlier tax locales.
1. Amazon in NYC is real - Citibank was already emptying out the top floors of Citi building in LIC to accommodate Amazon who were in process of moving in .. not sure what will happen now in this building.
2 I actually think it was the pro union push that ultimately spooked Amazon out of NYC.
3. the idea to decentralize corporate growth in other boroughs outside of Manhattan is a decent idea but giving 3 Billion dollar tax break to world's largest corporation was insane - whoever thought this would fly in NYC is crazy.
4. As someone mentioned Google is about to do big expansion in west side of downtown and Hudson yards is about to open full of corporate offices .. with combination of quality of life and educated workforce .. NYC will continue to be a desirable place for large corporations .
The company will not be required to pay the standard 21 percent income tax rate on its 2018 profits, and is claiming a tax rebate of $129 million, which ITEP describes as a "a tax rate of negative 1 percent."
Amazon drew ire in 2018 for not paying federal taxes on its $5.6 billion in profits the year before, which was made possible due to tax credits and stock-based compensation, reports Politifact. Last year was the first time Amazon paid no federal income tax whatsoever.
The company will not be required to pay the standard 21 percent income tax rate on its 2018 profits, and is claiming a tax rebate of $129 million, which ITEP describes as a "a tax rate of negative 1 percent."
Amazon drew ire in 2018 for not paying federal taxes on its $5.6 billion in profits the year before, which was made possible due to tax credits and stock-based compensation, reports Politifact. Last year was the first time Amazon paid no federal income tax whatsoever.
Amazon $0 Taxes - ( New Window )
And they're not the only company, I've read others paying none or hardly any.
Any tax discussion should start here, no?
I guess you can understand why a person scrapping to live pay check to pay check gets PO'd.
tax under the Code but its U.S. employees pay a ton of income tax.
Similarly, if Amazon had come to NY, even though the company itself would've received tax rebates, its employees would've paid NY income (and most of them NYC tax as well) in substantial amounts.
Those who fought the opening of the Amazon HQ in Long Island City have won the battle but they are surely losing the war.
They have "cut off their nose to spite their face".
Good for them.
Where will they find employment?
Amazon was offering 25,000 new high paying jobs.
For the $3B in incentives this is what NYC and NYS were receiving;
Quote:
NYC would benefit from 25,000 permanent well paying jobs
In addition to the permanent jobs, NYC would benefit from thousands of construction jobs.
The locals were to have free training so that they would be have the prerequisite skills to obtain the employment opportunity
Increased Real Estate taxes
Increased Employment and payroll taxes
Increased Income taxes on those working in the facility
Increased activity and local spending by the Amazon employees.
Improved rail and ferry access to NYC.
Improved infrastructure.
New businesses moving in that are ancillary to Amazon
Alexandria Ocasio-Cortez and her constituents are going to be sorely disappointed if they believe that the incentive money will now go to low income housing.
The money does not exist. It came in tax reductions, Bonding, Infrastructure spending etc.
tax under the Code but its U.S. employees pay a ton of income tax.
Similarly, if Amazon had come to NY, even though the company itself would've received tax rebates, its employees would've paid NY income (and most of them NYC tax as well) in substantial amounts.
Isn't that the argument with these companies, that even though they might not pay taxes, they provide payroll taxes by the large amounts of people they hire?
Still, you'd think with billions in profits, they'd pay something............
Those who fought the opening of the Amazon HQ in Long Island City have won the battle but they are surely losing the war.
They have "cut off their nose to spite their face".
Good for them.
Where will they find employment?
Amazon was offering 25,000 new high paying jobs.
You only have to look as far as the Foxconn plant in Wisconsin to see what can happen with corporate promises of a fountain of dream jobs in exchange for sweetheart tax breaks.
only half of 25k jobs were high paying
the rest lower paying admin custodian facility jobs ..
this past week city council asked if Amazon would stay neutral if there was push for unionization .. Amazon said they would actively fight against union.
less than a week later Amazon pulls out of NYC.
Those who fought the opening of the Amazon HQ in Long Island City have won the battle but they are surely losing the war.
They have "cut off their nose to spite their face".
Good for them.
Where will they find employment?
Amazon was offering 25,000 new high paying jobs.
You only have to look as far as the Foxconn plant in Wisconsin to see what can happen with corporate promises of a fountain of dream jobs in exchange for sweetheart tax breaks.
Foxcon was getting more money and creating less jobs (and lower paid jobs at that too).
Foxcon was getting more money and creating less jobs (and lower paid jobs at that too).
Fewer jobs, yes. But the magnitude of the subsidy, at the time the deal was struck, was very similar to the Amazon deal. It increased over time - history (well beyond the Foxconn deal) suggests that very well might have happened here as well.
plus the NYC location was more of a vanity move for Amazon. There was no strategic benefit for an NYC location. From the NY side, the issue was the types of jobs Amazon said they were going to create and the types of jobs they actually would have created. The majority of individual working at the NYC location would not be able to afford to live in NYC.
these are things Amazon had to know would pop up. And the political opposition is relatively small if vocal. The mayor and governor are behind it and public opinion is on their side. A few slight mods to the deal might have been needed but that's it. Pulling out this quick makes me think there's something else at play here. Like maybe NoVa has more room for growth than expected. The original plan, so we thought, was one location. Maybe they went back to that.
This was 25,000 high paying jobs in excess of 100k, Â
they could afford to live in the area if they wanted too. They also could have followed the time honored tradition of living in New Jersey and commuting.
they could afford to live in the area if they wanted too. They also could have followed the time honored tradition of living in New Jersey and commuting.
The people that already live in that area, don't want to be inflated out of the area that they live. That's a fair assessment. Property values may rise, but one would assume property taxes would as well.
but it's also understandable why Amazon did not want to be an ongoing political football for New York progressives, in particular the neophyte flavor of the month. Either rip the Band Aid off now or become an ongoing local punching bag when someone wants to make a few more headlines.
again... where the hell does the 3 Billion come from? Â
explain with the truth. So you start making stuff up like unicorns and alligators. Never face the truth when a good fabrication will do.
This isn't a warehouse - it's a headquarters with white collar workers.
You want to play dumbass politics, at least point the finger in the right direction, namely the people who weren't in favor of the tax breaks required to get Amazon into the state.
@nkolakowski. The HQ2 "search" was always a thinly disguised attempt to extract maximum tax concessions for opening a satellite office. If you want proof of that: Amazon isn't re-opening the HQ2 search, and it's still hiring in NYC.
After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens. For Amazon, the commitment to build a new headquarters requires getting everything we demand and even some things we don't explicitly ask for from state and local elected officials who will then be at our beck and call over the long-term. While polls show that 70% of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our subverting entrenched land-use processes and will not work for us to build the type of relationships that we demand to go forward with the project we and many others envisioned in Long Island City.
We are disappointed to have reached this conclusion — we love New York, its incomparable dynamism, people, and culture — and particularly the community of Long Island City, where we have gotten to know so many optimistic, forward-leaning community leaders, small business owners, and residents. There are currently over 5,000 Amazon employees in Brooklyn, Manhattan, and Staten Island, and we plan to continue growing these teams.
We are deeply grateful to Governor Cuomo, Mayor de Blasio, and their staffs, who so enthusiastically and graciously rolled over for us while we scratched their tummies and then like loyal, good dogs supported us during the process. Governor Cuomo and Mayor de Blasio have worked tirelessly on behalf of New Yorkers to encourage local investment and job creation, and we can’t speak positively enough about all their reach-around efforts. The steadfast commitment and dedication that these leaders have demonstrated to us and the big dicks we swing inspired us from the very beginning and is one of the big reasons our decision was so difficult.
We do not intend to re-open the HQ2 search at this time. We will proceed as planned in Northern Virginia and Nashville, and we will continue to hire and grow across our 17 corporate offices and tech hubs in the U.S. and Canada.
Thank you again to Governor Cuomo, Mayor de Blasio, and the many other community leaders and residents who, without a whimper, bent over and touched their toes for us along the way. We hope to have future chances to demand and receive tax cuts, land-use overrides, and local government exemptions as we continue to work towards owning all of New York over time.
25,000 high paying jobs is great if you end up working for Amazon. Â
If you don't and live in that area, you are going to get squeezed. Housing (rent/property values) will start to skyrocket.
I think that has always been the argument is that HQs like this need to come with some sort of housing or low income housing guarantee attached to it.
I live in the Bay Area and rents/property values are the biggest concerns. Rents are so bad that google/fb/etc are building their own campuses to house employees rather than let them deal with finding housing on their own. If you make minimum wage in the bay, you are commuting two hours to work or having many roomates to make ends meet.
There was probably a middle ground where Amazon gets its tax breaks but invests in low income housing or something like that.
That is more to the point than your unicorn comment. I did not raise the issue of unions in the thread. I just said Amazon is not interested in dealing with them. There was no call for you to attack with denigrating comments.
RE: 25,000 high paying jobs is great if you end up working for Amazon. Â
If you don't and live in that area, you are going to get squeezed. Housing (rent/property values) will start to skyrocket.
I think that has always been the argument is that HQs like this need to come with some sort of housing or low income housing guarantee attached to it.
I live in the Bay Area and rents/property values are the biggest concerns. Rents are so bad that google/fb/etc are building their own campuses to house employees rather than let them deal with finding housing on their own. If you make minimum wage in the bay, you are commuting two hours to work or having many roomates to make ends meet.
There was probably a middle ground where Amazon gets its tax breaks but invests in low income housing or something like that.
The state of the Super Companies that provide housing to employees is quite scary to me. They are probably tracking everything you do in one of those places. When do you have your own time? Etc.
Amazon is the scariest of them all since the own the largest amount of the biggest commodity right now. Data. AWS collects so much data on everyone it's terrifying. Netflix is even on AWS.
Anti-trust laws need to be made to stop some of this, as the size and power of these places is getting to big.
RE: RE: 25,000 high paying jobs is great if you end up working for Amazon. Â
If you don't and live in that area, you are going to get squeezed. Housing (rent/property values) will start to skyrocket.
I think that has always been the argument is that HQs like this need to come with some sort of housing or low income housing guarantee attached to it.
I live in the Bay Area and rents/property values are the biggest concerns. Rents are so bad that google/fb/etc are building their own campuses to house employees rather than let them deal with finding housing on their own. If you make minimum wage in the bay, you are commuting two hours to work or having many roomates to make ends meet.
There was probably a middle ground where Amazon gets its tax breaks but invests in low income housing or something like that.
The state of the Super Companies that provide housing to employees is quite scary to me. They are probably tracking everything you do in one of those places. When do you have your own time? Etc.
Amazon is the scariest of them all since the own the largest amount of the biggest commodity right now. Data. AWS collects so much data on everyone it's terrifying. Netflix is even on AWS.
Anti-trust laws need to be made to stop some of this, as the size and power of these places is getting to big.
So gov't can say "they can't do that to our pledges..."
Word is they will not seek a new location.
In comment 14296601 Ssanders9816 said:
Quote:
I work right across the street from the proposed Montgomery County MD location and a big helicopter has been circling the space. Made me think I wonder if it was the Amazon people and the NYC deal fell through.
Word is they will not seek a new location.
Cuomo seems to be blaming pols and not Amazon.
Sometimes a thing is exactly what it purports to be.
Quote:
To get a better deal in Washington. That’s what Amazon does. Not surprising.
Cuomo seems to be blaming pols and not Amazon.
Sometimes a thing is exactly what it purports to be.
You talking Washington DC (the other new location) or Washington state? What did they offer since LIC was chosen that would entice Amazon to change course?
When companies are leaving the NY area in droves due to increased costs.... why on earth would one of the largest companies in the country move in?
Moving to the NY area is a major financial mistake for any company that does not rely on BEING in NY to exist (ie a restaurant, financial services maybe, or a roofing company).
Quote:
In comment 14296613 BigBlueDownTheShore said:
Quote:
To get a better deal in Washington. That’s what Amazon does. Not surprising.
Cuomo seems to be blaming pols and not Amazon.
Sometimes a thing is exactly what it purports to be.
You talking Washington DC (the other new location) or Washington state? What did they offer since LIC was chosen that would entice Amazon to change course?
They got NYC to agree to a huge tax break, took that offer had DC match or beat it because that’s where they ultimately wanted it to be, probably to get government contracts. Now they are pulling out and making it out to be NYCs problem.
They do this shit all the time with products. Get someone to start selling on Amazon and then undercut them after they figure out what’s selling.
They need to be regulated. They need to be in DC to buddy up the senators so they don’t change anti-trust laws.
They got NYC to agree to a huge tax break, took that offer had DC match or beat it because that’s where they ultimately wanted it to be, probably to get government contracts. Now they are pulling out and making it out to be NYCs problem.
They do this shit all the time with products. Get someone to start selling on Amazon and then undercut them after they figure out what’s selling.
They need to be regulated. They need to be in DC to buddy up the senators so they don’t change anti-trust laws.
They didn't need NYC in the running to get Virginia/DC to offer massive tax breaks. Those areas offered the breaks on their own volition.
And several sites offered significantly more than NYC or DC (e.g. Newark) and were still turned down.
rim shot
When companies are leaving the NY area in droves due to increased costs.... why on earth would one of the largest companies in the country move in?
Moving to the NY area is a major financial mistake for any company that does not rely on BEING in NY to exist (ie a restaurant, financial services maybe, or a roofing company).
I agree. I was shocked that NY was on the list to begin with. No real surprise Amazon isn't going there.
When companies are leaving the NY area in droves due to increased costs.... why on earth would one of the largest companies in the country move in?
Moving to the NY area is a major financial mistake for any company that does not rely on BEING in NY to exist (ie a restaurant, financial services maybe, or a roofing company).
Plenty of large companies are expanding into the NYC area, most notably Google.
For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long-term. While polls show that 70% of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City," the statement reads.
Oh well - would have been good to have another large tech employer in NYC, but it's not the end of the world.
While you would have a broad employee and talent base, wouldn't NY ultimately be more of a headache for Amazon?
Delaware comes to mind as an easier state to work from.
Just my 2 cents.
is that figure not true?
2 I actually think it was the pro union push that ultimately spooked Amazon out of NYC.
3. the idea to decentralize corporate growth in other boroughs outside of Manhattan is a decent idea but giving 3 Billion dollar tax break to world's largest corporation was insane - whoever thought this would fly in NYC is crazy.
4. As someone mentioned Google is about to do big expansion in west side of downtown and Hudson yards is about to open full of corporate offices .. with combination of quality of life and educated workforce .. NYC will continue to be a desirable place for large corporations .
Amazon drew ire in 2018 for not paying federal taxes on its $5.6 billion in profits the year before, which was made possible due to tax credits and stock-based compensation, reports Politifact. Last year was the first time Amazon paid no federal income tax whatsoever.
Amazon $0 Taxes - ( New Window )
Quote:
The company will not be required to pay the standard 21 percent income tax rate on its 2018 profits, and is claiming a tax rebate of $129 million, which ITEP describes as a "a tax rate of negative 1 percent."
Amazon drew ire in 2018 for not paying federal taxes on its $5.6 billion in profits the year before, which was made possible due to tax credits and stock-based compensation, reports Politifact. Last year was the first time Amazon paid no federal income tax whatsoever.
Amazon $0 Taxes - ( New Window )
And they're not the only company, I've read others paying none or hardly any.
Any tax discussion should start here, no?
I guess you can understand why a person scrapping to live pay check to pay check gets PO'd.
Similarly, if Amazon had come to NY, even though the company itself would've received tax rebates, its employees would've paid NY income (and most of them NYC tax as well) in substantial amounts.
They have "cut off their nose to spite their face".
Good for them.
Where will they find employment?
Amazon was offering 25,000 new high paying jobs.
For the $3B in incentives this is what NYC and NYS were receiving;
NYC would benefit from 25,000 permanent well paying jobs
In addition to the permanent jobs, NYC would benefit from thousands of construction jobs.
The locals were to have free training so that they would be have the prerequisite skills to obtain the employment opportunity
Increased Real Estate taxes
Increased Employment and payroll taxes
Increased Income taxes on those working in the facility
Increased activity and local spending by the Amazon employees.
Improved rail and ferry access to NYC.
Improved infrastructure.
New businesses moving in that are ancillary to Amazon
Alexandria Ocasio-Cortez and her constituents are going to be sorely disappointed if they believe that the incentive money will now go to low income housing.
The money does not exist. It came in tax reductions, Bonding, Infrastructure spending etc.
Similarly, if Amazon had come to NY, even though the company itself would've received tax rebates, its employees would've paid NY income (and most of them NYC tax as well) in substantial amounts.
Isn't that the argument with these companies, that even though they might not pay taxes, they provide payroll taxes by the large amounts of people they hire?
Still, you'd think with billions in profits, they'd pay something............
They have "cut off their nose to spite their face".
Good for them.
Where will they find employment?
Amazon was offering 25,000 new high paying jobs.
You only have to look as far as the Foxconn plant in Wisconsin to see what can happen with corporate promises of a fountain of dream jobs in exchange for sweetheart tax breaks.
the rest lower paying admin custodian facility jobs ..
this past week city council asked if Amazon would stay neutral if there was push for unionization .. Amazon said they would actively fight against union.
less than a week later Amazon pulls out of NYC.
Quote:
Those who fought the opening of the Amazon HQ in Long Island City have won the battle but they are surely losing the war.
They have "cut off their nose to spite their face".
Good for them.
Where will they find employment?
Amazon was offering 25,000 new high paying jobs.
You only have to look as far as the Foxconn plant in Wisconsin to see what can happen with corporate promises of a fountain of dream jobs in exchange for sweetheart tax breaks.
Foxcon was getting more money and creating less jobs (and lower paid jobs at that too).
Fewer jobs, yes. But the magnitude of the subsidy, at the time the deal was struck, was very similar to the Amazon deal. It increased over time - history (well beyond the Foxconn deal) suggests that very well might have happened here as well.
I dont blame them and that makes sense. Unions are the death of many businesses.
yeah it was unions that destroyed the economy in 2008
The people that already live in that area, don't want to be inflated out of the area that they live. That's a fair assessment. Property values may rise, but one would assume property taxes would as well.
Quote:
They are not interested in dealing with unions.
I dont blame them and that makes sense. Unions are the death of many businesses.
Brilliant analysis guys. Local 314, Association of Data Scientists and Cloud Engineers.
Unions is on the list of reasons Amazon didn't come to NYC, right after alligators and unicorns.
This isn't a warehouse - it's a headquarters with white collar workers.
You want to play dumbass politics, at least point the finger in the right direction, namely the people who weren't in favor of the tax breaks required to get Amazon into the state.
After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens. For Amazon, the commitment to build a new headquarters requires getting everything we demand and even some things we don't explicitly ask for from state and local elected officials who will then be at our beck and call over the long-term. While polls show that 70% of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our subverting entrenched land-use processes and will not work for us to build the type of relationships that we demand to go forward with the project we and many others envisioned in Long Island City.
We are disappointed to have reached this conclusion — we love New York, its incomparable dynamism, people, and culture — and particularly the community of Long Island City, where we have gotten to know so many optimistic, forward-leaning community leaders, small business owners, and residents. There are currently over 5,000 Amazon employees in Brooklyn, Manhattan, and Staten Island, and we plan to continue growing these teams.
We are deeply grateful to Governor Cuomo, Mayor de Blasio, and their staffs, who so enthusiastically and graciously rolled over for us while we scratched their tummies and then like loyal, good dogs supported us during the process. Governor Cuomo and Mayor de Blasio have worked tirelessly on behalf of New Yorkers to encourage local investment and job creation, and we can’t speak positively enough about all their reach-around efforts. The steadfast commitment and dedication that these leaders have demonstrated to us and the big dicks we swing inspired us from the very beginning and is one of the big reasons our decision was so difficult.
We do not intend to re-open the HQ2 search at this time. We will proceed as planned in Northern Virginia and Nashville, and we will continue to hire and grow across our 17 corporate offices and tech hubs in the U.S. and Canada.
Thank you again to Governor Cuomo, Mayor de Blasio, and the many other community leaders and residents who, without a whimper, bent over and touched their toes for us along the way. We hope to have future chances to demand and receive tax cuts, land-use overrides, and local government exemptions as we continue to work towards owning all of New York over time.
I think that has always been the argument is that HQs like this need to come with some sort of housing or low income housing guarantee attached to it.
I live in the Bay Area and rents/property values are the biggest concerns. Rents are so bad that google/fb/etc are building their own campuses to house employees rather than let them deal with finding housing on their own. If you make minimum wage in the bay, you are commuting two hours to work or having many roomates to make ends meet.
There was probably a middle ground where Amazon gets its tax breaks but invests in low income housing or something like that.
I think that has always been the argument is that HQs like this need to come with some sort of housing or low income housing guarantee attached to it.
I live in the Bay Area and rents/property values are the biggest concerns. Rents are so bad that google/fb/etc are building their own campuses to house employees rather than let them deal with finding housing on their own. If you make minimum wage in the bay, you are commuting two hours to work or having many roomates to make ends meet.
There was probably a middle ground where Amazon gets its tax breaks but invests in low income housing or something like that.
The state of the Super Companies that provide housing to employees is quite scary to me. They are probably tracking everything you do in one of those places. When do you have your own time? Etc.
Amazon is the scariest of them all since the own the largest amount of the biggest commodity right now. Data. AWS collects so much data on everyone it's terrifying. Netflix is even on AWS.
Anti-trust laws need to be made to stop some of this, as the size and power of these places is getting to big.
Quote:
If you don't and live in that area, you are going to get squeezed. Housing (rent/property values) will start to skyrocket.
I think that has always been the argument is that HQs like this need to come with some sort of housing or low income housing guarantee attached to it.
I live in the Bay Area and rents/property values are the biggest concerns. Rents are so bad that google/fb/etc are building their own campuses to house employees rather than let them deal with finding housing on their own. If you make minimum wage in the bay, you are commuting two hours to work or having many roomates to make ends meet.
There was probably a middle ground where Amazon gets its tax breaks but invests in low income housing or something like that.
The state of the Super Companies that provide housing to employees is quite scary to me. They are probably tracking everything you do in one of those places. When do you have your own time? Etc.
Amazon is the scariest of them all since the own the largest amount of the biggest commodity right now. Data. AWS collects so much data on everyone it's terrifying. Netflix is even on AWS.
Anti-trust laws need to be made to stop some of this, as the size and power of these places is getting to big.
So gov't can say "they can't do that to our pledges..."