Link: Amazon HQ2 blamed for high real-estate, rent, and traffic in Seattle

‘High demand and low inventory creates bidding wars and animosity among those who can’t even afford a starter home in the city they grew up in,” Kurt Schlosser wrote in September for GeekWire. “And the rent is too damn high, too. Workers who don’t wear tech badges for a living are forced to look outside the city and thus contend with the traffic coming in and out of it, creating a vicious cycle and affordability crisis.”’

Meanwhile: “The retailer says its Seattle headquarters has created 53,000 jobs in the city in addition to pumping a staggering $38 billion into the local economy.”
Original source: Amazon HQ2 blamed for high real-estate, rent, and traffic in Seattle

Link: Why you city should avoid Amazon HQ2

Just too much growth, too fast, and raising costs which kicks lower income people to the curb:

‘Seattle journalist Knute Berger tells Business Insider that Amazon’s original headquarters has displaced minority communities there, driven up housing costs, and swelled the city’s population of homeless people. Seattle is also in the nation’s top 10 cities with the worst traffic, and doesn’t have a public transit system good enough to alleviate traffic pressure. I’m thinking of my city, Pittsburgh, as I read about Seattle’s troubles. Our housing costs are blessedly cheap to begin with, phew. But I can’t imagine any part of the city handling 50,000 employees worth of traffic. And our public transit kind of sucks.’
Original source: Why you city should avoid Amazon HQ2

Link: Seattle’s complaints about Amazon HQ1

People say Amazon isn’t good for Seattle, here’s a summary of the issues: ‘Housing prices in Seattle are rising faster than anywhere else in the nation. According to Business Insider, from 2005 to 2015, Seattle’s median rent jumped from $1,008 to $1,286, an increase nearly three times the national median, while the city’s median home price skyrocketed 17 percent in the last year, reaching $730,000. Amazon has snatched up more new office space downtown than every other company in the city combined, “helping Seattle become the crane capital of America and a near-constant construction site,” writes the Seattle Times. In September, Times columnist Danny Westneat warned potential HQ2 cities of a “prosperity bomb” that would wipe out mom-and-pop shops and old diners and replace them with “the new and sterile,” plus an invading army of “bros” as a result of Amazon’s mostly male workforce.’
Original source: Seattle’s complaints about Amazon HQ1

Link: Richard Florida predicts Amazon HQ2 location

‘At the top of the list, I would place New York, the greatest headquarters city in the world, and DC, the world’s power corridor. When I asked Scott Galloway, the author of the book “The Four,” where he thought Amazon would place its new headquarters, he simply said: New York, New York, and New York. But, DC is perhaps an equal or even better contender. Because Jeff Bezos already owns The Washington Post, an additional 50,000 Amazon jobs in the DC area might help deflect Congressional attention from his company’s monopolistic tendencies. Not to mention, a key predictor of corporate headquarters location is where the CEO has a home. Bezos has homes in DC, Manhattan, and Beverly Hills, which might also explain LA’s inclusion on the list.’

Also says offering tax breaks is stupid.
Original source: Richard Florida predicts Amazon HQ2 location

Link: An argument against Amazon HQ2 tax breaks, sort of

‘“The bidding process with Amazon shows why we need the federal government to help support cities and communities across America for 21st century jobs,” he said. “Right now, cities have been left to fend for themselves and are desperate to attract any tech jobs. If the federal government were to support fiber and broadband in cities, an expansion of universities, strong credentialing and apprenticeship programs, and state of the art infrastructure, then they would not be as reliant on the whims of any given company.”’
Original source: An argument against Amazon HQ2 tax breaks, sort of

Link: The Problem With Courting Amazon

‘The question of whether, or how much, incentives actually spark a community’s economic growth is still unsettled. That’s partly because coming to any bottom-line answer is extremely difficult given all the possible variables in any scenario. “The overall conclusion is that effectiveness is there,” says Peter Fisher, a professor emeritus at the University of Iowa and the research director of the nonprofit Iowa Policy Project. “But it’s pretty small, and small enough that incentives end up being a very costly strategy.” In his opinion, far too many state and city boosters indiscriminately spray financial giveaway packages, which ends up costing them more than it should.’
Original source: The Problem With Courting Amazon