Amazon HQ2

amazon

#803

Landlords should welcome income tax. If a place doesn’t have income tax that means the property tax will be high. Landlords won’t have any rental income for years because of depreciation so don’t pay income tax.


#804

NYC is heating up.


#805

You are not following the drift.


#806

You have to be joking. They are inter-related :slight_smile: don’t talk like some1 from… ahem.


#807

The next day after the head tax passed in MV. Is it related?


#808

Look like big guys are moving a lot of their (existing? new?) employees out of SV. It means we no longer can expect much appreciation :frowning: Would prices start to decline after whatever remnant demand is absorbed? Where are these big guys spreading their employees to? Austin? NYC? Rayleigh? Atlanta? Denver? Dallas?


#809

Mountain View only charges $149 a year per head. That’s peanuts for Google. It spends that much on lunch a week I guess.

Prop C in SF is much more serious. It’s 0.5% of gross revenue once a company goes above 50M. It may kill the startup scene there.


#810

0.5% revenue is huge. Is it based on HQ location? Uber and AirBnb can relocate their headquarter to Oakland.

This is the baby version of “repeal profit”.


#811

Fake news. Property tax here is 1% of home value and values are lower.


#812

Prop C is getting challenged due to some other props from June that won with less than the needed 2/3 majority for taxation related legislation. C was voter initiated which does not require the 2/3 min or so the argument goes.


#813

Also, state sales tax is 6.5%. King county has a 3.0% adder, so we pay 9.5% total. Santa Clara is 9.0%, so we pay 0.5% more.


#814


#815

Based on where employees live, buy a luxury apartment building walking distance from the proposed offices. Rents will increase a ton.


#816

NYC has rent control


#817