Amazon HQ2 and other news
Comments
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Awesome point!Lerxst1992 said:dignin said:
Ah, that makes sense. We had a malfunction at the junction.mrussel1 said:
W
My bad, I read the message inverted, that the union was sending a message. But no, I don't see that as an Amazon message either. They are already in Staten Island, and the union vote is moving ahead. The point still stands that HQ2 would be a white collar site. Of course there will be some bluer collar workers in the food areas and such, but still a white collar site. So I don't know how pulling out of HQ2 advances an anti-union stance, if that's the implication.
The implication in my opinion is that if Amazon sniffs collective bargaining anywhere on any of these projects they will pull the plug.
A factor in them pulling the headquarters from New York was them having issues with the warehouses too. It's all tied together. The timing of it all is just to big of a coincidence.
By pulling the plug that sends a message to any further cities and projects that collective bargaining is a no go with Amazon. They will sacrifice a little bit for a long term gain for the corporation. These white collar jobs are small potatoes when you look at how many blue collar employees they have across North America. They would take a big hit if they started to unionize.
Walmart's tactics in the past are a good example for what's going on here. They would rather burn the store down then let it unionize.
I like your interpretation. Timing was everything. Amazon executives met with union leaders Wednesday and pulled out on Thursday. They probably want zero to do with union leaders telling them anything about their business models and how they will be run in the city.
As far as robots go, unfortunately automation will continue to increase.
I'm curious if Amazon thinks about who will be buying their products in the future.
Robots have zero need for a Kindle or fire.
This though is why most out of state companies fail in NYC. They last an average of 5 years before they fold or get out if they can't make it.
Things are different here in NY than any other place I've worked.
Amazon wanted a set model of how things were going to operate and that wasn't presented to them? That is a very possible outcome.0 -
You're right about out of state companies. But what companies have thrived historically in NYC? Why financial services of course. It is the center of the universe. What will FS companies never need.. laborers and therefore unions. I'm not sure this is good thing for the city.tempo_n_groove said:
Awesome point!Lerxst1992 said:dignin said:
Ah, that makes sense. We had a malfunction at the junction.mrussel1 said:
W
My bad, I read the message inverted, that the union was sending a message. But no, I don't see that as an Amazon message either. They are already in Staten Island, and the union vote is moving ahead. The point still stands that HQ2 would be a white collar site. Of course there will be some bluer collar workers in the food areas and such, but still a white collar site. So I don't know how pulling out of HQ2 advances an anti-union stance, if that's the implication.
The implication in my opinion is that if Amazon sniffs collective bargaining anywhere on any of these projects they will pull the plug.
A factor in them pulling the headquarters from New York was them having issues with the warehouses too. It's all tied together. The timing of it all is just to big of a coincidence.
By pulling the plug that sends a message to any further cities and projects that collective bargaining is a no go with Amazon. They will sacrifice a little bit for a long term gain for the corporation. These white collar jobs are small potatoes when you look at how many blue collar employees they have across North America. They would take a big hit if they started to unionize.
Walmart's tactics in the past are a good example for what's going on here. They would rather burn the store down then let it unionize.
I like your interpretation. Timing was everything. Amazon executives met with union leaders Wednesday and pulled out on Thursday. They probably want zero to do with union leaders telling them anything about their business models and how they will be run in the city.
As far as robots go, unfortunately automation will continue to increase.
I'm curious if Amazon thinks about who will be buying their products in the future.
Robots have zero need for a Kindle or fire.
This though is why most out of state companies fail in NYC. They last an average of 5 years before they fold or get out if they can't make it.
Things are different here in NY than any other place I've worked.
Amazon wanted a set model of how things were going to operate and that wasn't presented to them? That is a very possible outcome.0 -
True. There would still have to be buildings and public works to be done.mrussel1 said:
You're right about out of state companies. But what companies have thrived historically in NYC? Why financial services of course. It is the center of the universe. What will FS companies never need.. laborers and therefore unions. I'm not sure this is good thing for the city.tempo_n_groove said:
Awesome point!Lerxst1992 said:dignin said:
Ah, that makes sense. We had a malfunction at the junction.mrussel1 said:
W
My bad, I read the message inverted, that the union was sending a message. But no, I don't see that as an Amazon message either. They are already in Staten Island, and the union vote is moving ahead. The point still stands that HQ2 would be a white collar site. Of course there will be some bluer collar workers in the food areas and such, but still a white collar site. So I don't know how pulling out of HQ2 advances an anti-union stance, if that's the implication.
The implication in my opinion is that if Amazon sniffs collective bargaining anywhere on any of these projects they will pull the plug.
A factor in them pulling the headquarters from New York was them having issues with the warehouses too. It's all tied together. The timing of it all is just to big of a coincidence.
By pulling the plug that sends a message to any further cities and projects that collective bargaining is a no go with Amazon. They will sacrifice a little bit for a long term gain for the corporation. These white collar jobs are small potatoes when you look at how many blue collar employees they have across North America. They would take a big hit if they started to unionize.
Walmart's tactics in the past are a good example for what's going on here. They would rather burn the store down then let it unionize.
I like your interpretation. Timing was everything. Amazon executives met with union leaders Wednesday and pulled out on Thursday. They probably want zero to do with union leaders telling them anything about their business models and how they will be run in the city.
As far as robots go, unfortunately automation will continue to increase.
I'm curious if Amazon thinks about who will be buying their products in the future.
Robots have zero need for a Kindle or fire.
This though is why most out of state companies fail in NYC. They last an average of 5 years before they fold or get out if they can't make it.
Things are different here in NY than any other place I've worked.
Amazon wanted a set model of how things were going to operate and that wasn't presented to them? That is a very possible outcome.
The NYC landscape is forever changing and will always be building something.
One thing that financial institutions hate are unions.0 -
It would be a huge mistake for financial services employees to unionize. These organizations have a culture of performance based compensation. And there is no 'ceiling' to promotion imposed because there is no cultural distinction between "management" and "labor". I started off as a non-exempt in a huge bank. I was promoted 9x in 12 years and it was a great launching pad for me. My story wasn't necessarily unique either. If there was a union that I joined when starting, maybe my job would be protected slightly better than existing labor laws, but my opportunity to advance would have been almost nil. And my pay would have been stagnant, beholden to the CBA or whatever. This is trade-off that is very important to understand.tempo_n_groove said:
True. There would still have to be buildings and public works to be done.mrussel1 said:
You're right about out of state companies. But what companies have thrived historically in NYC? Why financial services of course. It is the center of the universe. What will FS companies never need.. laborers and therefore unions. I'm not sure this is good thing for the city.tempo_n_groove said:
Awesome point!Lerxst1992 said:dignin said:
Ah, that makes sense. We had a malfunction at the junction.mrussel1 said:
W
My bad, I read the message inverted, that the union was sending a message. But no, I don't see that as an Amazon message either. They are already in Staten Island, and the union vote is moving ahead. The point still stands that HQ2 would be a white collar site. Of course there will be some bluer collar workers in the food areas and such, but still a white collar site. So I don't know how pulling out of HQ2 advances an anti-union stance, if that's the implication.
The implication in my opinion is that if Amazon sniffs collective bargaining anywhere on any of these projects they will pull the plug.
A factor in them pulling the headquarters from New York was them having issues with the warehouses too. It's all tied together. The timing of it all is just to big of a coincidence.
By pulling the plug that sends a message to any further cities and projects that collective bargaining is a no go with Amazon. They will sacrifice a little bit for a long term gain for the corporation. These white collar jobs are small potatoes when you look at how many blue collar employees they have across North America. They would take a big hit if they started to unionize.
Walmart's tactics in the past are a good example for what's going on here. They would rather burn the store down then let it unionize.
I like your interpretation. Timing was everything. Amazon executives met with union leaders Wednesday and pulled out on Thursday. They probably want zero to do with union leaders telling them anything about their business models and how they will be run in the city.
As far as robots go, unfortunately automation will continue to increase.
I'm curious if Amazon thinks about who will be buying their products in the future.
Robots have zero need for a Kindle or fire.
This though is why most out of state companies fail in NYC. They last an average of 5 years before they fold or get out if they can't make it.
Things are different here in NY than any other place I've worked.
Amazon wanted a set model of how things were going to operate and that wasn't presented to them? That is a very possible outcome.
The NYC landscape is forever changing and will always be building something.
One thing that financial institutions hate are unions.0 -
Agreed but the unions were meant for the warehouses, building and Public Works. No one in FS is in a union.mrussel1 said:
It would be a huge mistake for financial services employees to unionize. These organizations have a culture of performance based compensation. And there is no 'ceiling' to promotion imposed because there is no cultural distinction between "management" and "labor". I started off as a non-exempt in a huge bank. I was promoted 9x in 12 years and it was a great launching pad for me. My story wasn't necessarily unique either. If there was a union that I joined when starting, maybe my job would be protected slightly better than existing labor laws, but my opportunity to advance would have been almost nil. And my pay would have been stagnant, beholden to the CBA or whatever. This is trade-off that is very important to understand.tempo_n_groove said:
True. There would still have to be buildings and public works to be done.mrussel1 said:
You're right about out of state companies. But what companies have thrived historically in NYC? Why financial services of course. It is the center of the universe. What will FS companies never need.. laborers and therefore unions. I'm not sure this is good thing for the city.tempo_n_groove said:
Awesome point!Lerxst1992 said:dignin said:
Ah, that makes sense. We had a malfunction at the junction.mrussel1 said:
W
My bad, I read the message inverted, that the union was sending a message. But no, I don't see that as an Amazon message either. They are already in Staten Island, and the union vote is moving ahead. The point still stands that HQ2 would be a white collar site. Of course there will be some bluer collar workers in the food areas and such, but still a white collar site. So I don't know how pulling out of HQ2 advances an anti-union stance, if that's the implication.
The implication in my opinion is that if Amazon sniffs collective bargaining anywhere on any of these projects they will pull the plug.
A factor in them pulling the headquarters from New York was them having issues with the warehouses too. It's all tied together. The timing of it all is just to big of a coincidence.
By pulling the plug that sends a message to any further cities and projects that collective bargaining is a no go with Amazon. They will sacrifice a little bit for a long term gain for the corporation. These white collar jobs are small potatoes when you look at how many blue collar employees they have across North America. They would take a big hit if they started to unionize.
Walmart's tactics in the past are a good example for what's going on here. They would rather burn the store down then let it unionize.
I like your interpretation. Timing was everything. Amazon executives met with union leaders Wednesday and pulled out on Thursday. They probably want zero to do with union leaders telling them anything about their business models and how they will be run in the city.
As far as robots go, unfortunately automation will continue to increase.
I'm curious if Amazon thinks about who will be buying their products in the future.
Robots have zero need for a Kindle or fire.
This though is why most out of state companies fail in NYC. They last an average of 5 years before they fold or get out if they can't make it.
Things are different here in NY than any other place I've worked.
Amazon wanted a set model of how things were going to operate and that wasn't presented to them? That is a very possible outcome.
The NYC landscape is forever changing and will always be building something.
One thing that financial institutions hate are unions.0 -
Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html?fbclid=IwAR3Ck8tSGHu-3OZukcIqcizc1buEvN0_P1Texhl6bzfJLsmk6HmGEC0yjQA
0 -
Does this make you hate Amazon? This is a congressional issue. They are the problem.dignin said:Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html?fbclid=IwAR3Ck8tSGHu-3OZukcIqcizc1buEvN0_P1Texhl6bzfJLsmk6HmGEC0yjQA0 -
Yup, the system is broken.mrussel1 said:
Does this make you hate Amazon? This is a congressional issue. They are the problem.dignin said:Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html?fbclid=IwAR3Ck8tSGHu-3OZukcIqcizc1buEvN0_P1Texhl6bzfJLsmk6HmGEC0yjQA0 -
How the hell is this even possible?dignin said:Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html?fbclid=IwAR3Ck8tSGHu-3OZukcIqcizc1buEvN0_P1Texhl6bzfJLsmk6HmGEC0yjQA0 -
Because politicians on both sides are bought and sold like cattle?
Slaves in nice suits0 -
Watching that vid and Netflix doesn't pay taxes either?my2hands said:Because politicians on both sides are bought and sold like cattle?
Slaves in nice suits
Wow.0 -
hippiemom = goodness0
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I wonder how the change in tax laws for charitable giving affected those at the very high end of the income scale? I know the incentive simply isn't there for middle class people anymore. This line raised my eyebrow..cincybearcat said:
The top 50 donors on The Chronicle of Philanthropy list donated roughly 50% less than last year. Overall donations from the world's 50 top donors dropped from $14.7 billion in 2017 to $7.8 billion in 2018.
Maybe our resident CPA "Gern" knows..0 -
What Amazon gets from Arlington County in HQ2 deal
https://www.cnn.com/2019/03/05/tech/amazon-hq2-arlington-agreement/index.html?utm_content=2019-03-06T03:54:52&utm_term=image&utm_source=twCNN&utm_medium=social
Give Peas A Chance…0 -
And the impact it’s already having.
https://www.nytimes.com/2019/07/10/us/politics/amazon-housing-northern-virginia.html
09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
Libtardaplorable©. And proud of it.
Brilliantati©0 -
Yup. There should be no jobs in that area so that rent is low and people can live in poverty.Halifax2TheMax said:And the impact it’s already having.
https://www.nytimes.com/2019/07/10/us/politics/amazon-housing-northern-virginia.htmlhippiemom = goodness0 -
Are there no jobs there now? Do the people that live there live in poverty? Again, I question why someone worth $137 billion, before their divorce settlement, requires a $1 BB subsidy? Just fund your own damn business and stop asking for welfare handout. I know people claim the taxes paid offset the subsidy but what happens to the costs of wear and tear on public transit, roads, infrastructure and the housing shortage? Who pays for that cost? Or does it get ignored, negatively impacting those who have always lived there or are forced out? It appears to me to be trickle up in that Bezos gets richer because he’s heavily subsidized and doesn’t pay taxes as it is. He’s not some start up that needs a hand getting going.cincybearcat said:
Yup. There should be no jobs in that area so that rent is low and people can live in poverty.Halifax2TheMax said:And the impact it’s already having.
https://www.nytimes.com/2019/07/10/us/politics/amazon-housing-northern-virginia.html09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
Libtardaplorable©. And proud of it.
Brilliantati©0 -
He's the chair of a publicly traded company. He, and the board, have a fiduciary responsibility to the shareholders (me, for example) to construct the best possible deal for the shareholders. It isn't a private company. Don't blame Bezos for the decision of state of Virginia to extend the offer. Second, the subsidies have zero to do with the price of real estate in NOVA. That has been insane for 20 years now. When I lived up there, I wanted to be inside the beltway, but the average price was in the $400 per sq foot even back then. And the closer you are to the metro, the worse it gets.Halifax2TheMax said:
Are there no jobs there now? Do the people that live there live in poverty? Again, I question why someone worth $137 billion, before their divorce settlement, requires a $1 BB subsidy? Just fund your own damn business and stop asking for welfare handout. I know people claim the taxes paid offset the subsidy but what happens to the costs of wear and tear on public transit, roads, infrastructure and the housing shortage? Who pays for that cost? Or does it get ignored, negatively impacting those who have always lived there or are forced out? It appears to me to be trickle up in that Bezos gets richer because he’s heavily subsidized and doesn’t pay taxes as it is. He’s not some start up that needs a hand getting going.cincybearcat said:
Yup. There should be no jobs in that area so that rent is low and people can live in poverty.Halifax2TheMax said:And the impact it’s already having.
https://www.nytimes.com/2019/07/10/us/politics/amazon-housing-northern-virginia.html0 -
I’m not blaming Bezos. VA should tell him to fund it himself or subsidize infrastructure improvements and other negative effects like the affordable housing fund, which they contributed less than a penny on the dollar to. Insane housing prices made more insane. Sounds like a winning play.mrussel1 said:
He's the chair of a publicly traded company. He, and the board, have a fiduciary responsibility to the shareholders (me, for example) to construct the best possible deal for the shareholders. It isn't a private company. Don't blame Bezos for the decision of state of Virginia to extend the offer. Second, the subsidies have zero to do with the price of real estate in NOVA. That has been insane for 20 years now. When I lived up there, I wanted to be inside the beltway, but the average price was in the $400 per sq foot even back then. And the closer you are to the metro, the worse it gets.Halifax2TheMax said:
Are there no jobs there now? Do the people that live there live in poverty? Again, I question why someone worth $137 billion, before their divorce settlement, requires a $1 BB subsidy? Just fund your own damn business and stop asking for welfare handout. I know people claim the taxes paid offset the subsidy but what happens to the costs of wear and tear on public transit, roads, infrastructure and the housing shortage? Who pays for that cost? Or does it get ignored, negatively impacting those who have always lived there or are forced out? It appears to me to be trickle up in that Bezos gets richer because he’s heavily subsidized and doesn’t pay taxes as it is. He’s not some start up that needs a hand getting going.cincybearcat said:
Yup. There should be no jobs in that area so that rent is low and people can live in poverty.Halifax2TheMax said:And the impact it’s already having.
https://www.nytimes.com/2019/07/10/us/politics/amazon-housing-northern-virginia.html09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
Libtardaplorable©. And proud of it.
Brilliantati©0 -
What you are forgetting is that people are greedy and they want to cash in. It's really not Amazon's fault that rent went up it's the people looking to drive prices up because they know people will pay..Halifax2TheMax said:
I’m not blaming Bezos. VA should tell him to fund it himself or subsidize infrastructure improvements and other negative effects like the affordable housing fund, which they contributed less than a penny on the dollar to. Insane housing prices made more insane. Sounds like a winning play.mrussel1 said:
He's the chair of a publicly traded company. He, and the board, have a fiduciary responsibility to the shareholders (me, for example) to construct the best possible deal for the shareholders. It isn't a private company. Don't blame Bezos for the decision of state of Virginia to extend the offer. Second, the subsidies have zero to do with the price of real estate in NOVA. That has been insane for 20 years now. When I lived up there, I wanted to be inside the beltway, but the average price was in the $400 per sq foot even back then. And the closer you are to the metro, the worse it gets.Halifax2TheMax said:
Are there no jobs there now? Do the people that live there live in poverty? Again, I question why someone worth $137 billion, before their divorce settlement, requires a $1 BB subsidy? Just fund your own damn business and stop asking for welfare handout. I know people claim the taxes paid offset the subsidy but what happens to the costs of wear and tear on public transit, roads, infrastructure and the housing shortage? Who pays for that cost? Or does it get ignored, negatively impacting those who have always lived there or are forced out? It appears to me to be trickle up in that Bezos gets richer because he’s heavily subsidized and doesn’t pay taxes as it is. He’s not some start up that needs a hand getting going.cincybearcat said:
Yup. There should be no jobs in that area so that rent is low and people can live in poverty.Halifax2TheMax said:And the impact it’s already having.
https://www.nytimes.com/2019/07/10/us/politics/amazon-housing-northern-virginia.html0
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