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AMAZON HQ2 - how much will real estate prices go up in NYC & Northern Virginia?
Poast new message in this thread
Date: November 13th, 2018 8:11 PM Author: salmon lay idiot (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226789) |
Date: November 13th, 2018 8:17 PM Author: Anal useless brakes gonna go up in DC too (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226820) |
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Date: November 13th, 2018 8:18 PM Author: rusted hairy legs piazza Why (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226825) |
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Date: November 13th, 2018 8:22 PM Author: salmon lay idiot DC is 2 miles from Crystal City. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226854) |
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Date: November 13th, 2018 8:22 PM Author: salmon lay idiot ok but how much? 10%? 20%? 40%? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226858) |
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Date: November 13th, 2018 8:23 PM Author: laughsome swollen university At least 15% (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226862) |
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Date: November 13th, 2018 8:23 PM Author: painfully honest fear-inspiring new version stain We'll never know because it will be very difficult to disentangle causation. It's not like there is a perfect control city for DC/NOVA. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226866) |
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Date: November 13th, 2018 8:31 PM Author: salmon lay idiot we need to monitor a city with similar housing prices in a distance area. Austin, TX? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226929) |
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Date: November 13th, 2018 8:25 PM Author: outnumbered police squad probably won't have a huge impact in NYC since everyone's already making a shit-ton of money (finance, biglaw, existing tech, etc).
might have a pretty big impact on DC though. |
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Date: November 13th, 2018 8:26 PM Author: Adventurous House (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226883) |
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Date: November 13th, 2018 8:32 PM Author: salmon lay idiot DC meaning DC region or areas right around Crystal City? Wondering if it's worth speculating on a property in the region based on this. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226936) |
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Date: November 13th, 2018 8:35 PM Author: cerise dilemma (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226969) |
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Date: November 13th, 2018 9:03 PM Author: carmine center windowlicker It won't be anything like the bay area or Seattle though--no geographical barriers to growth like the ocean/bay/sound/mountains. Proles will literally commute in from WV (they already do) (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227190) |
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Date: November 13th, 2018 8:26 PM Author: Talented Azn ITT: wanna-be nova shitheads with zero experience with nova real estate (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226882) |
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Date: November 13th, 2018 8:27 PM Author: laughsome swollen university Will have huge impact on Long Island City (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226890) |
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Date: November 13th, 2018 8:36 PM Author: outnumbered police squad yeah, they'll finally fill up all those empty high-rises with NOWAGS and NOWIGS (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226983) |
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Date: November 13th, 2018 8:31 PM Author: yellow psychic What about Bethesda or Rockville? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226934) |
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Date: November 13th, 2018 8:32 PM Author: salmon lay idiot I'm guessing NoVA prices most impacted, then DC, then Maryland, unless they're on the blue/yellow line. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226941) |
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Date: November 13th, 2018 8:37 PM Author: Spectacular Light State Pervert Commuting from moco to nova sounds like hell (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226995) |
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Date: November 13th, 2018 8:39 PM Author: brass deep lodge this. and it makes no sense. NOVA taxes are lower, why not just live in NOVA? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227015) |
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Date: November 13th, 2018 8:43 PM Author: ungodly therapy Democrats prefer MoCo so they can be surrounded by Jews/etc (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227052) |
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Date: November 13th, 2018 8:44 PM Author: brass deep lodge (guy who didn't see the 2018 election results) (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227063) |
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Date: November 13th, 2018 8:35 PM Author: arousing coffee pot (psst: the biggest nyc/nova development firms are publicly traded as REITs)
then again y’all have generally had nothing but retarded shit to say on the matter (“amazon is going to Iowa because low wages!” “this has nothing to do with recruiting talent!” “i took the short bus to school and ate paste!”) so my guess is you’ll just buy crypto instead. |
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Date: November 13th, 2018 8:36 PM Author: cerise dilemma if ur so smart, answer the question (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226986) |
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Date: November 13th, 2018 8:37 PM Author: arousing coffee pot i’m smart enough to not opine on the matter without looking at tons of data lol (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226992) |
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Date: November 13th, 2018 8:41 PM Author: painfully honest fear-inspiring new version stain so, look at the data (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227037) |
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Date: November 13th, 2018 8:43 PM Author: brass deep lodge (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227049) |
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Date: November 13th, 2018 8:48 PM Author: ungodly therapy And hurry up too, faggot
Thank |
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Date: November 13th, 2018 8:48 PM Author: arousing coffee pot You gonna pay me? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227104) |
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Date: November 13th, 2018 10:45 PM Author: salmon lay idiot look at the data... he wasn't ASKING (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227942) |
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Date: November 13th, 2018 9:04 PM Author: carmine center windowlicker (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227196) |
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Date: November 13th, 2018 8:36 PM Author: massive motley parlour Is it worth buying a condo in Tysons Corner (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37226989) |
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Date: November 13th, 2018 8:38 PM Author: brass deep lodge you probably can't go wrong but remember that everyone knows this is happening so other people will be speculating, meaning it's a solid investment but not something that's going to make you 50% in 5 years like Seattle when Amazon arrived there. DC area was already a solid market to invest in though. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227008) |
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Date: November 13th, 2018 8:38 PM Author: Spectacular Light State Pervert No (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227009) |
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Date: November 13th, 2018 8:42 PM Author: massive motley parlour Why not? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227038) |
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Date: November 13th, 2018 8:38 PM Author: Spectacular Light State Pervert 0.4% is my guess. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227005) |
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Date: November 13th, 2018 10:52 PM Author: Ruddy Sneaky Criminal Theater The irony is that 0.4% has just as many significant figures as 40%, meaning its not any more precise or random! *adjusts glasses* (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227980) |
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Date: November 13th, 2018 8:41 PM Author: brass deep lodge This will cause DC region to appreciate 10-15% over the next 3 or 4 years.
If they add 30,000 jobs to Crystal City then it's really adding like 150,000 because of all the other related businesses + service businesses that pop up. This is an enormous impact on a metro area like DC.
in NYC it will be less impactful, maybe 5% appreciation (normal). It is a much bigger market that can absorb the impact and the prices are already fairly high. |
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Date: November 13th, 2018 8:51 PM Author: vigorous trailer park where is the need for all of these high paying jobs suddenly coming from? i know they're expanding / launching new services, but that many jobs in such a short period must just involve Seattle losing some and other companies in the same area losing people, right?
plus aren't the new jobs now being split between 2 cities? getting half of HQ2 isn't as big of a deal as everyone was thinking for the last 6 months. |
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Date: November 13th, 2018 9:05 PM Author: carmine center windowlicker Lol, no. They're only adding like 1,000 jobs per year (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227203) |
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Date: November 13th, 2018 8:45 PM Author: brass deep lodge I'm surprised people aren't more bullish on at least the DC area market. This is a YUGE development for that kind of market. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227071) |
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Date: November 13th, 2018 8:45 PM Author: multi-colored stead (McLean realtor) (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227077) |
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Date: November 13th, 2018 8:52 PM Author: stubborn school cafeteria digit ratio How long does it take to hire 25,000 people?
5 years? 10 years? |
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Date: November 13th, 2018 9:06 PM Author: carmine center windowlicker They said 20 (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227207) |
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Date: November 14th, 2018 2:28 AM Author: stubborn school cafeteria digit ratio JFC. That's a time frame that isn't even worth considering. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37228989) |
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Date: November 13th, 2018 8:53 PM Author: massive motley parlour DC Area BJJ Lessons are going to get fucking expensive. It'll probably be $200 per private lesson because of those tech nerds (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227130) |
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Date: November 13th, 2018 9:39 PM Author: fiercely-loyal costumed mad cow disease LJL at people thinking this marketing ploy is a big deal.
Calling them "headquarters" is a complete misnomer. They are basically just going to create large offices there and who knows how long the time frame actually is. Sure, maybe in 20 years they'll have added 10-15k jobs. |
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Date: November 13th, 2018 9:40 PM Author: Lime Heady Newt Area Doesn't matter. It is all perception. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227477) |
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Date: November 13th, 2018 9:51 PM Author: fiercely-loyal costumed mad cow disease Well that's irrelevant because the market has already absorbed the info (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227542) |
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Date: November 13th, 2018 10:07 PM Author: aquamarine giraffe This is it. The only things they are doing out of the DC office are lobbying congress and working with DoD. And most of the people they will hire for those roles already live in the DC area with homes and some already work for Amazon in the same roles. Outside of that group IT employees in demand will be able to choose offices and if you are young you'd choose NYC or Seattle or work from wherever you want and if you are old why would you select NoVa? Its boring, expensive, and not even DC. Traffic is horrendous and public transit unreliable with no incentive to improve evidently. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227669) |
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Date: November 13th, 2018 10:15 PM Author: Dashing narrow-minded double fault for mid-career, NoVa isn't terrible. Good schools, safe and boring for dem kids. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227736) |
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Date: November 13th, 2018 10:28 PM Author: aquamarine giraffe I agree but for an in demand profession you can do from home why would you work there. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227796) |
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Date: November 13th, 2018 10:47 PM Author: salmon lay idiot This is thinking like a 25 year old though, the people with money are 35-55 year olds and they'd prefer NoVa to DC. But both will probably go up in price. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227951) |
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Date: November 13th, 2018 10:53 PM Author: ungodly therapy (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227985) |
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Date: November 13th, 2018 10:53 PM Author: ungodly therapy Spoken like a true hipster in a Williamsburg bar (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227983) |
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Date: November 13th, 2018 10:53 PM Author: ungodly therapy You realize that Arlington is literally 30 seconds away from DC right? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227987) |
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Date: November 14th, 2018 2:35 PM Author: aquamarine giraffe I wasn’t saying proximity to DC is a draw (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37231837) |
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Date: November 14th, 2018 12:16 AM Author: Electric Black Cumskin Orchestra Pit (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37228521) |
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Date: November 13th, 2018 9:41 PM Author: dead soggy goyim 50%. it either goes up 50% or it doesn't (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227479) |
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Date: November 13th, 2018 10:12 PM Author: Brindle Out-of-control Knife Water Buffalo Virginia Beach/Norfolk beach house speculation cr? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227704) |
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Date: November 13th, 2018 10:17 PM Author: Boyish sick preventive strike hell lol wut (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227746) |
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Date: November 13th, 2018 10:18 PM Author: Dashing narrow-minded double fault if I wasn't such a pussy I would buy in Anacostia. It's the last place in the beltway to be gentrified and still cheap. You just gotta be ready to chill for 10 years. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227748) |
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Date: November 13th, 2018 10:48 PM Author: salmon lay idiot no the gay beach in Delaware. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37227956) |
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Date: November 14th, 2018 12:16 AM Author: Electric Black Cumskin Orchestra Pit zero measurable impact in nyc. close to zero in nova. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37228523) |
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Date: November 14th, 2018 12:21 AM Author: passionate base masturbator why? (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37228538) |
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Date: November 14th, 2018 3:03 AM Author: outnumbered police squad NYC shouldn't have much of an impact unless you're renting in LIC or a bit farther east in queens. business renters will likely get fucked hard though. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37229053) |
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Date: November 14th, 2018 12:14 PM Author: Lime Heady Newt Area Don't forget, you can't view this as a single event. IRL, this will cause other tech companies to look at those areas. https://www.inc.com/guadalupe-gonzalez/nyc-tech-scene-heating-up-google-amazon-offices.html
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Date: November 14th, 2018 12:12 PM Author: Lime Heady Newt Area I doubt this. If for no other reason the perception that tech is moving to NYC is going to prop up prices. I'm not saying it is a huge boom but it doesn't hurt. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37230825) |
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Date: November 14th, 2018 12:17 PM Author: lemon location coldplay fan i think Arlington itself will feel it quite a bit, but there's enough money in metro DC that it won't be a major bump for anyone else
expanding the metro has 10x the effect on RE than amazon |
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Date: November 14th, 2018 2:23 PM Author: Red yapping native mood Real estate prices in Crystal City, Pentagon City, and Arlington Ridge have been weird and king of stagnant for a really long time. The old luxury high rise condos in Crystal City proper that are currently full of old folks are about to explode in value. And the single family home owners in Arlington Ridge just won the lottery. (http://www.autoadmit.com/thread.php?thread_id=4132340&forum_id=2#37231697) |