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Amazon announces candidate cities for HQ2

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Re: Amazon announces candidate cities for HQ2

#321

Earlier quoted context omitted.

Yes though A is Amazon. It’s been used by the investing media to describe their ezcellent stock performance in recent years. Sometimes it’s FAANG to include Apple. Google kind of ruined it by rename the parent company Alphabet though!

Yeah, FAAAN doesn't have quite the same ring to it :)

Try imagining William Shatner shouting it.

Re: Amazon announces candidate cities for HQ2

#322

Earlier quoted context omitted.

Do you know why is housing in Denver so expensive ? It seems to have good density. Even small towns in Colorado look expensive.

Colorado has grown increasingly affluent. It has a GDP per capita above Australia, Sweden and Denmark. It's a very desirable location to move to. Simultaneously like a lot of the US, they haven't been building up new housing inventory very aggressively since the great recession.

Partly because most of the builders went under during & after the great recession. They don't quite need decades to come back, but it definitely leaves a ripple.

Re: Amazon announces candidate cities for HQ2

#323
post #126

Something about this just makes my stomach sick... A massive corporation is pitting governments against each other for its own gain, often to no benefit of the local population. I'm scared to see the numbers of "incentives" that local politicians try and hand out to Amazon. There's little evidence that the public money used/lost will ever be recouped. One of the worst cases of this happening so far is the Foxconn dea…

> often to no benefit of the local population

Not true. My first thought when hearing that a town not far from where I am made the 20 list was 'where can I buy property so that I can rent it to others that come as a result of the economic development and new desirability of the area'. Property values will increase and property tax will go up vacancies will be reduced.

This would not happen for a smaller company that nobody cares about either.

This is perhaps similar (not for sure but could be) to when Disney decided to locate in Orlando Florida and bought up land in secret but also cut many deals to allow them benefits that others do not get.

https://en.wikipedia.org/wiki/Reedy_Creek_Improvement_Distri...

Re: Amazon announces candidate cities for HQ2

#324

I think travel between HQ and HQ2 has to be a nonstop flight for it to be viable. The cities sorted by number of nonstops to Seattle per day: Los Angeles 23 Denver 18 Chicago 14 Dallas 12 Washington, D.C. 7 Atlanta 6 Newark 6 New York 6 Boston 5 Austin 3 Nashville 2 Philadelphia 2 Raleigh, N.C. 2 Indianapolis 1 Toronto, Canada 1 Miami 1 Columbus 0 Pittsburgh 0 Montgomery County, Md. ? Northern Virginia ?

Getting a new route or two added is a lot easier than finding a good location to build. Especially with Delta expanding its Seattle presence so much.

Re: Amazon announces candidate cities for HQ2

#325

Amazon would have the greatest impact in Atlanta. You could argue that Atlanta is the economic, cultural, and geographical center of the Southeastern United States. It has the busiest airport in the world and is a major rail hub. There are already dozens of major corporations headquaratered in Atlanta. There is no shortage of talent, with a top-5 engineering school in Georgia Tech. Yet there are things missing which…

When I saw Atlanta on the list, I felt that it's over. The rail system is far superior to what exists in Seattle & should support reasonable suburban commutes. Georgia Tech's talent supply makes it interesting, but I get the impression that Amazon hires people with more experience than just straight out of college.

Amazon hires plenty people of both classes, recent grads and experienced hires. But from my impression I think they hire more recent grads than any other tech company.

Re: Amazon announces candidate cities for HQ2

#326

After reading these comments it makes me realize just how limiting transportation is and how big of a drag it is. Austin/Boston/DC/Atlanta/Denver/others are all great locations with transportation issues. Even some of the more rural locations such as RDU would quickly fill up with 50k new tech workers join the existing the two-lane highways. It seems like the best solution currently is the Apple/Google wifi buse with…

It's too bad they dropped the Detroit area off the list. Hardly any traffic compared to these other cities. Fantastic airport with many direct flights to Europe and Asia. I am kind of glad though. We don't need the stress on our infrastructure or the rapid rise in real estate and salaries Amazon will bring.

Yeah, I was really hoping for Detroit. It's got a lot of really underutilized infrastructure at this point and could be really revitalized by a large tech company expanding its footprint there. Real estate prices would be relatively low, too.

I'm surprised to see a place like Boston on the list. Having lived there for ~15 years, I just can't imagine adding an additional 50,000 well paid tech workers and their families to that area. It's already densely populated and expensive.

Re: Amazon announces candidate cities for HQ2

#327

Nice to see Toronto on the list, though game theory suggest that we're only here because having a Canadian Candidate has the potential to have all 3 levels of government involved rather than just state and city. I'm not really sure how to go about handicapping the finalists. Given the current political climate, Toronto is interesting because it's the only city that gives Amazon some escape form the US government. You…

"a strong existing tech workforce and universities" Hate to say it, but Northern Virginia and Raleigh have Toronto beat on this

I'm really feeling Chicago here.

Big tech workforce that's almost purely finance... but the talent is there.

Proximity to one of the largest airports in the world.

Chicago is a major city with lots of culture, food, attractions, etc.

The proposed sites are absolutely enormous and perfect for a huge mega-complex like Amazon would want to build.

Relatively short flights to both coasts, since you're smack in the center of the country.

Re: Amazon announces candidate cities for HQ2

#328
post #297
post #126

Something about this just makes my stomach sick... A massive corporation is pitting governments against each other for its own gain, often to no benefit of the local population. I'm scared to see the numbers of "incentives" that local politicians try and hand out to Amazon. There's little evidence that the public money used/lost will ever be recouped. One of the worst cases of this happening so far is the Foxconn dea…

>I'm scared to see the numbers of "incentives" that local politicians try and hand out to Amazon. There's little evidence that the public money used/lost will ever be recouped. It is a classic example of the winner's curse[1]. If Amazon is auctioning off the HQ for tax breaks, the government that wins is likely going to overestimate the value that winning the bid will provide. Those odds greatly increase when you thr…

If that's the case, then perhaps we should lay (some of the) blame on the people who would chose to 'continue' the career of the said politician, no? Lets not deny agency the people have in making informed decisions.

Re: Amazon announces candidate cities for HQ2

#330
post #121

Please please pick Toronto. My immigrant future in the US is still uncertain after being here for 12 years. Would be great if Canadian tech ecosystem gets a boost so that I and countless others in my position have options

This could also be great for immigration in the US, as it is an obvious economic argument for the importance of reform.
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