Amazon Picks New York City, Northern Virginia for Its HQ2 Locations

Amazon HQ2 is bad news for NYC's renters

There’s no question that the arrival of Amazon (AMZN) to Long Island City will move the New York City neighborhood’s housing market — just look at housing prices in its hometown, Seattle.

Up until this year, Seattle, Amazon’s hometown has been the city with the fastest-growing home prices. Since September 2016, Seattle had been leading the S&P CoreLogic Case Shiller Home Price 20-City Composite Index and has maintained that spot each month until it was dethroned by Las Vegas in April.

https://www.yahoo.com/finance/news/amazon-hq2-bad-news-nycs-renters-210652998.html

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[FONT=&]There’s no question that the arrival of Amazon (AMZN) to Long Island City will move the New York City neighborhood’s housing market — just look at housing prices in its hometown, Seattle.
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[FONT=&]Up until this year, Seattle, Amazon’s hometown has been the city with the fastest-growing home prices. Since September 2016, Seattle had been leading the S&P CoreLogic Case Shiller Home Price 20-City Composite Index and has maintained that spot each month until it was dethroned by Las Vegas in April.

https://www.yahoo.com/finance/news/amazon-hq2-bad-news-nycs-renters-210652998.html

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Would you prefer not to have economic growth to keep rents low?
 
Those displaced will migrate to Staten Island and Jersey, did you think the City should have turned it down due to anticipated rising housing costs?
 
Interesting your socialist friend Cortez tweeted out that there is outrage in the community over Queens being selected. Why would that be?

Competition. If one is working and making good money, the message of socialism fails quickly. If that falls, she does not get re-elected.
 
He should get NO TAX BREAKS UNLESS HE'S PAYING HIS EMPLOYEES A MINUMUM OF 20.00 AN HOUR.

The people of jersey nor the American people should subsidize this billionaire's taxes.

Wake up America....lower taxes do not stop Blacks or other minorities from collecting welfare.....ROLLING MY EYES!

This low tax shit is the biggest fraud alive.
 
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