Buyers and sellers in the Arlington housing market have been scrambling to lock up properties in anticipation of Amazon’s new headquarters, which will welcome its newest workers in June, Axios reported.
David Howell, executive vice president at McEnearney Associates, described the phenomenon as a “boomlet” since Amazon announced its new location.
“I’ve been studying this market for 35 years, and I’ve never seen a circumstance like this one,” Howell said.
Buyers have been so eager to purchase homes around Amazon’s new location that homeowners are putting up “no-solicitation” signs. A similar boom could have occurred in New York City, but Ocasio-Cortez and other lawmakers spoiled the company’s plans to build there.
In February, Amazon spokeswoman Jodi Seth explained that Amazon canceled plans in New York City because its politicians created a hostile environment. “It was that the environment over the course of the past three months had not got any better. There were some local and state elected officials who refused to meet with Amazon and criticized us day in and day out about the plan,” Seth said.
Ocasio-Cortez had celebrated the cancellation and slammed Amazon with left-wing buzzwords such as “corporate greed” and “worker exploitation.”
Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world.
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“We can create those jobs without marginalizing people,” Ocasio-Cortez said. “Are those the jobs that they’re giving the folks in NYCHA, are those jobs going to our community? Or are we just importing already wealthy people to displace...
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I am not a socialist/democrat but AOC has a strong point. Why does a giant corporation need financial handouts to open a facility anywhere? If you were to start a business, is the government going to give you a dime? Of course not. This is just another example of crony capitalism.
ReplyDeleteAOC has no point. Everywhere Amazon is going to is offering many incentives to bring that company in. Why? Do you think it is a bad deal? Every job Amazon brings in creates 7.2 jobs additional in the community. Not to mention the 20+ years of revenue for the local schools & community. So you defer 3 billion in taxes for that? There is no out of pocket expense for anyone. Think long term. Oh and FUCK socialism & aoc.
ReplyDeleteSubsidising business costs money. That's tax dollars from somebody else going to Amazon. Paying Amazon for the honour. Amazon don't need subsidies..they are a race to the bottom.
ReplyDeleteNo one has given a dime to Amazon, that's a false premise. What they are offering is a tax break, and in return, Amazon will multiply their tax revenue many times over, with new jobs, real estate, sales taxes, etc, etc. It's a great deal for the economy and for tax revenue. The real issue with Amazon is that all of our tax dollars are going to pay for their shipping, as the USPS continues to rack up losses and Amazon gets to count on unfair business practices to stamp out competitors. Keep you eye on the ball and don't get distracted by false narratives.
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