Bidding For Amazon's HQ2



Bidding For Amazon's HQ2

Amazon is opening a second headquarters and 238 cities are fighting for  that tech $$$. Tucson, AZ, sent a giant cactus. Pittsburgh, PA, offered free sandwiches and Birmingham AL, sent romantic tweets. Amazon says its HQ2 could create tens of thousands of jobs and tens of billions of dollars in investment. But are these cities being catfished? Ask the residents of Seattle. The city hosts Amazon's current headquarters.

Jeff Reifman Meeting Planner Founder Seattle

Jeff Reifman Meeting Planner Founder Seattle Resident said "I feel like the quality of life that i cared about is gone. There's no regulations in place to make sure that we created a diverse community where people of different economic levels, different cultural backgrounds, could afford to live in the same place. What you can expect from winning HQ2 is that your city government, your county government, your state government, they're going to bend over backwards and give away everything. You're going to end up paying for the growth."

Amazon

Amazon estimates it added $38 billion to Seattle's economy with its investments in the city from 2010-2016. But 51% of Seattle residents earn less than $50,000 and 25% earn less than $25,000. Meanwhile average rents have more than doubled since 2011.

Amazon grew from 5,000 Seattle employees in 2010 to more than 40,000 in 2017. Amazon refuses to report headquarter diversity and gender states. Seattle remains the 5th whitest large city in the U.S. Infrastructure heasn't kept up with recent population growth. Seattle now has the 4th worst traffic in the country. Residents spend an average of 58 hours annually looking for parking.

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