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Oracle Moving HQ to Austin

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Re: Oracle Moving HQ to Austin

#171

Post by cleansingfire »

lotsofpulp wrote: post #34
orliesaurus wrote: post #23

I live in Austin, Oracle has a huge campus here that looks as big as an airport building with terminals/gates and all the trimmings. It's a beautiful building that gentrified the whole area, for better or worse. I ate there a couple of times, it's nice inside too! I love biking/walking around the Oracle campus area because they made a bike path and the area is safer than it was before. That being said, I know a coupl…

> That being said, I know a couple of people who work there and they don't like their job I’m not surprised. I haven’t met anyone who deals with Oracle because they want to, only because they have to.

After an aggressive post sales upsell call: "You must buy more licenses" I laughed at them, dropped them, and they went on my "I Don't Work With Bastards" list. Of course one doesn't always have a choice, but with that list in mind, I often end up with more choice than expected. See also: last man on earth, ten foot pole.

Re: Oracle Moving HQ to Austin

#172

Post by davidw »

AnimalMuppet wrote: post #159
davidw wrote: post #36

Earlier quoted context omitted.

I'm curious about how it plays out... everywhere. I live in what's being called a "Zoom town", with lots of remote workers who seem to want a smaller town with more outdoor access (Bend, Oregon if you're curious). House prices are going through the roof. But Bend was already hot, and on people's radar. Yesterday I saw an article about housing heating up in Baker City Oregon. This is a small town of 10K people that is…

Baker City? Wow. I'm rather shocked. I mean, yes, nice place. Not near anywhere. If you like ranching/farming communities with mountains nearby, it's pretty good. But how are internet speeds? And if you need to come back to "civilization", where's the nearest airport with commercial flights?

Probably not a great location for a travelling salesperson.

But you can buy a lot of house for the same amount of money that would get you a dumpy, nondescript place in an anonymous part of Bend:

https://www.realtor.com/realestateandhomes-detail/2405-2nd-S...

To say nothing of the Bay Area.

It doesn't take a lot of people moving in to start changing prices in a town that small.

Re: Oracle Moving HQ to Austin

#173

Post by economusty »

zaphirplane wrote: post #160
beagle3 wrote: post #42

Likely irrelevant, but reminded me of this[0]: """Basically, we’re moving because of William Whyte‘s rule: virtually all corporate relocations involve a move to a location which is closer to the CEO’s home than the old location. Whyte discovered this principle after an extensive study of Fortune 500 companies that left New York City for the suburbs in the 1950s and 1960s""" Tesla will likely move its HQ to Texas foll…

Interesting, somehow I don’t think how companies where run in the 1950-1960 translates to today Look at the google ML firing/resigning storm, in the 50s someone fired end of story not the CEO saying they will investigate (honesty transparency aside)

"Firing/resigning" which is it, two different events there.

Re: Oracle Moving HQ to Austin

#174

Post by PaulDavisThe1st »

tidepod12 wrote: post #83
lotsofpulp wrote: post #75

Earlier quoted context omitted.

How does a state export a cost of living? Or are you referring to price increases due to increase in demand? If so, that does not seem like a notable phenomenon.

Californians in LA/SF are used to paying $800k for a house, and the Cali salaries are high enough to support it. A Texan in Dallas/Austin is used to paying $250k for that same house, and has a relatively lower salary to match. The Californians, after years of having higher salary, more savings, and a job that lets them move, goes to Texas and offers $400k for that same house. The Californian thinks it's a great deal,…

I remember in the mid-90s, living in Seattle just as one wave of "californication" was drawing to a close and just before the tech boom would start an even crazier rise in housing costs there .... listening to some local talk radio show. A caller was complaining about Californians coming to WA/Seattle and doing just what you describe. The radio host said "well, it takes two to tango, those prices going up reflect the actions of both buyers and sellers, not just buyers".

The caller was indignant: "It would be un-American not to try to get the highest possible price for your property"

The defense rests.

Re: Oracle Moving HQ to Austin

#175

Post by emteycz »

jldugger wrote: post #125
singhrac wrote: post #103

Earlier quoted context omitted.

Often (maybe always?) employees pay income tax in the state where their company's headquarters is, or the local office in which they work.

Is that ever true? I'm pretty sure you pay income tax in the state in which you work, regardless of where HQ is.

You're talking about the employee while the GP is talking about the employer. Both have their income (personal or corporate) taxes, so both statements are true.

Re: Oracle Moving HQ to Austin

#176

Post by filmgirlcw »

bch wrote: post #136
filmgirlcw wrote: post #106

Earlier quoted context omitted.

And many of those taxes are based on things like now many distinct offices you have for employees. This is one of the reasons we saw the death of private offices and a shift to the whole open workspace bullshit. Because you’d get taxed per office, whether it was being used 5 days a week or not.

Do you mean number of private workspaces that are called an “office” in a building affects how taxes are calculated? So reconfiguring the floors in a corporate building might affect how they file taxes? I’ve never heard of that before...

Yes. And it can be impacted at a municipality level, as well as a state or county level too. So the city of Seattle might have a different way they tax these things than the city of Redmond, in addition to whatever taxes are levied by King County or Washington State.

ETA: there are very real reasons big companies have reconfigured workspaces and it isn’t about worker efficiency studies or even fitting more people into a space, but about taxes.

Re: Oracle Moving HQ to Austin

#177

Post by 908B64B197 »

lotsofpulp wrote: post #132
908B64B197 wrote: post #88

Earlier quoted context omitted.

If I was mayor of a small town I would be rolling out fiber like there is no tomorrow and zoning everything to allow for detached units like these [0]. Interests rates are at their lowest and the rise in property value should more than pay for it. [0] https://www.dwell.com/article/prefab-home-office-accessory-d...

You also have to be in reasonable distance to an airport, Trader Joes/Costco/REI/restaurants/breweries/etc other stores the higher income crowds like, and outdoor activities. Bend happened to have all of these. Although Bend's internet offerings are extremely sad, and I'm surprised the political power of the tech crowd hasn't forced municipal fiber to be a thing yet.

Airport is the toughest one.

The rest is a chicken and egg problem. If you start attracting high income remote workers there should be more stores setting shop.

Re: Oracle Moving HQ to Austin

#178

Post by LinuxBender »

e40 wrote: post #108
aaomidi wrote: post #62

Earlier quoted context omitted.

It means less taxes and less strict labor laws.

It means less taxes and less strict labor laws. Not for people that remain in CA, WFH or not. For those that move to TX, what you said applies.

This can also paint a target on non TX workers. I have lived through that. HQ of a company I worked for in the past moved to TX and anyone that was not willing to relocate was part of the layoffs. Of course, it didn't start off that way. People were initially told they would be fine where they were. Our California office went from several hundred to six people.

Re: Oracle Moving HQ to Austin

#179

Post by 908B64B197 »

spamizbad wrote: post #163
908B64B197 wrote: post #88

Earlier quoted context omitted.

If I was mayor of a small town I would be rolling out fiber like there is no tomorrow and zoning everything to allow for detached units like these [0]. Interests rates are at their lowest and the rise in property value should more than pay for it. [0] https://www.dwell.com/article/prefab-home-office-accessory-d...

Most towns won't do this because most of its existing tax base will hate it despite it being a good idea. And they vote!

I don't see what they have to lose. Their house and land might be worth more.

Re: Oracle Moving HQ to Austin

#180

Post by PaulDavisThe1st »

birdyrooster wrote: post #25
rainyMammoth wrote: post #10

How long before all the Californians make Austin the exact same place they fled from?

Average high/low temperatures in the summer for Austin are: June. 92° / 72° July. 96° / 74° August 96° / 74° Average high/low temperatures in the summer for Cupertino are: June. 75° / 55° July. 76° / 58° August 76° / 58° Austin will never, ever be like Silicon Valley because of this. The freedom you get from cooler weather is great from an energy utilization stand point and for allowing safer and more desirable condi…

re: the nature access - to add to what others have said about this ... I suggest you get out and explore Texas state parks. There's a lot of things I don't like about Texas (I don't live there, but spent a few months there a few years ago), but wow, the state park system is just amazing. So many incredible places, and with frequently pleasant winter weather meaning that they are still enjoyable in February.
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