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by s73ver_ 3066 days ago
"Strengthening the housing market"

Other than code for "making everything much more unaffordable", what does this mean?

And yeah, it's pollution for those who don't have high paying tech jobs. There are more people living in those cities than Amazon employees; their interests and needs need to be taking into consideration as well.

2 comments

Unaffordable is relative. If HQ2 brings thousands of high-paying jobs with it, plus creates an ecosystem where tens of thousands of other good paying jobs are created, housing can become more affordable to more people while rising in price.

Owning a house has been a part of the post-WW2 American dream for good reason, and it should remain so. And people buying homes should want their property to retain value

> Unaffordable is relative. If HQ2 brings thousands of high-paying jobs with it, plus creates an ecosystem where tens of thousands of other good paying jobs are created, housing can become more affordable to more people while rising in price.

Shouldn't this have played out just like that in SF then?

Except none of that helps someone who doesn't have one of those Amazon jobs, and sees their rent soar anyway.
I would rather live in a housing market that continues to increase rather than one that goes up and down with the wind.
If the price of housing always increases, how is anyone who's younger than you (and not richer than you) supposed to be able to afford a house?