Coté

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.

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.

‘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.

‘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.

‘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.

“Austin’s tech talent pool has become increasingly tight, and it would be better for our economy to grow by 50 companies with 1,000 employees each than by one mega-project with 50,000 employees.” Original source: The case against Amazon HQ2 for Austin

“Austin’s tech talent pool has become increasingly tight, and it would be better for our economy to grow by 50 companies with 1,000 employees each than by one mega-project with 50,000 employees.” Original source: The case against Amazon HQ2 for Austin

“Austin’s tech talent pool has become increasingly tight, and it would be better for our economy to grow by 50 companies with 1,000 employees each than by one mega-project with 50,000 employees.” Original source: The case against Amazon HQ2 for Austin

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.

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.