I'm super curious how this will WFH Covid-era will play out for the Bay Area. I think the question I haven't figured out is job mobility. Pre-covid, even if you lost your job here as an engineer, finding another company thats interesting with the right pay isn't too hard which is one of the best appeals of SV. I wonder how this will play out in terms of this dynamic.
Oracle Moving HQ to Austin
211–220 of 451 posts
Re: Oracle Moving HQ to Austin
#212I wonder whether that could lead to a measurable decline in 101 commute time if some of their office space remains empty. Subjectively it always felt to me like some of the most congested stretches of 101 were next to Oracle building clusters, but that may be selection bias talking.
Re: Oracle Moving HQ to Austin
#213Earlier quoted context omitted.
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 int…
Re: Oracle Moving HQ to Austin
#214Earlier quoted context omitted.
Bay Area had 99 straight days of poison air in 2020 and there's no reason to expect 2021 to be any better, especially considering that so far the 2020-2021 water year has been the driest ever recorded in human history.
In the midst of the pandemic, it is easy to overlook California's yearly water supply. The snow-pack numbers this year do not bode well for next year.
Re: Oracle Moving HQ to Austin
#215Earlier quoted context omitted.
Really? Never been in Phoenix but I saw last summer they had some heat waves reaching temperatures around 120F (on top of being very humid). Why is it popular?
Phoenix is a very dry heat, very little humidity. 120F is toasty, but its nothing a pool and margarita can't solve :). Our winters are fantastic. We have 300+ days of sun shine! We are 2-3 hours to the Mexican beaches, 2 hours to snow for snowboard/ski (flagstaff), lots of golf, lots of hiking, lots of Tech work (Motorola was a monster back in its day, Intel has a huge presence, Godaddy, Paypal, the list goes on), Ba…
Re: Oracle Moving HQ to Austin
#216Earlier quoted context omitted.
How does labor law impact anything when everyone is WFH ? Also, do taxes really have anything to do with your HQ location ? All corporations are registered in Delaware.
Often (maybe always?) employees pay income tax in the state where their company's headquarters is, or the local office in which they work.
Re: Oracle Moving HQ to Austin
#217Re: Oracle Moving HQ to Austin
#218Why is it so hard to realize that people want low taxes and light regulation? And that woke culture with it's free speech curtailment are a kind of 1984 environment where someone is watching your words constantly. California and NYC were great great states, and after decades of democrat governments, companies decide to move thousands of kilometers so they can leave these states in favor of Republican states. There's…
No one is leaving Democratic states to go to some hell-hole Republican area. They are leaving Democrat cities to live in OTHER Democrat cities, the only difference between cost of living. That's it, simple as that. It has nothing to do with "wokeness" etc. It's basically, Austin cheap, San Fran expensive.
Re: Oracle Moving HQ to Austin
#219Earlier quoted context omitted.
> 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, because they get the same size house they previously lived in for only half the price! And the seller thinks it's great, because he now suddenly gets a huge premium on his previously-valued-at-$250k-house. All of the real es…
The supply of housing isn't a problem in Texas, but "supply and demand" isn't the end of the story. When two Texans want the same house, a bidding war is artificially capped (at, say $300k) because that's all the average Texan can afford. But when a Californian moves in with high net worth and a higher paying job, they can bid much higher, and they don't mind doing so (the mindset I have personally heard from most CA…
That seems like a Texas problem being blamed on Californians.
I'm sure a lot of Texans are very happy that their houses have shot way up in value.
Re: Oracle Moving HQ to Austin
#220I wonder whether that could lead to a measurable decline in 101 commute time if some of their office space remains empty. Subjectively it always felt to me like some of the most congested stretches of 101 were next to Oracle building clusters, but that may be selection bias talking.
From what I hear, Austin traffic is worse than the Bay Area. Can anyone from Austin confirm?