NG also rents space in MD, IME in office parks. |
And pretty soon, the younger people and the millenials will have kids and move to the suburbs and be thrilled they can work flex hours and park for free at the large parking lot at NG. Ask some GenXers where they lived in their 20s... (hint: they too loved the urban life at one point, and eventually life and priorities changed.) |
Right. This also means jobs for high value workers are more likely to be near metros because they can afford the rent. Low value work is more likely to be done in a more remote location. |
And the market provided by the existing regulatory regime was increasingly hostile to their living the urban life. There's a major chicken/egg problem in these discussions. |
I hear this argument over and over again and it is plain wrong. Even if existing emps settled down and move to the suburbs a company will always want to have access a younger generation workforce. What you are saying will help in retaining * existing* staff but not in drawing new younger talent. |
Huh? There's a certain level of "aptitude" required for different types of jobs. It's why companies can't just pickup and move to the middle of nowhere and pay the cheapest rent possible. This is pretty obvious. However, there are certainly lower cost options available to companies that have some mobility within an area. With that said, as someone else pointed out, money is largely the driving force. Using an example from this area.. AOL had a large campus out in Reston and Dulles in the 90's. They didn't have a problem with hiring qualified employees. The point is, while some people may not want to drive a car to work, the vast majority of people don't care. As self driving cars become commonplace, people will likely care even less. |
This is plain wrong, most young people(not fams) I know who live in Arlington live car-free. Here are the stats https://ggwash.org/view/35905/88-of-new-dc-households-are-car-free About 40% of household in DC dont have cars. http://www.governing.com/gov-data/car-ownership-numbers-of-vehicles-by-city-map.html https://ggwash.org/view/33531/the-american-cities-with-the-most-growth-in-car-free-households I love cars, but I just can't afford the upkeep, parking car payments etc. If I have to buy a car I have to move out of my Arlington apt and move to the suburbs where the rent is cheaper. |
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capital one, freddie mac, and hilton all fortune 500 companies with HQ in tysons long before metro were built....
guess what, people moved to mclean/tysons so they have a less than 10 mins commute to capital one/freddie mac/hilton |
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Only 500 people work in the HQ in Falls Church.
They can take a free shuttle from West Falls Church to HQ if they are "car free". Hope this causes your panties to unbundle. |
You must not have kids. Unless you have the density of services and stores like NYC, going carfree makes little sense with kids. Each kid needs a car seat installed for their age and weight, you often keep a stroller or diapers in the car, and going to different activities, stores, classes on foot with kids in tow would be an enormous time suck. Even uber not an option b/c each car seat must be installed when they pick you up. |
This. |
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You can still get there by Metro. Take the Orange line to Dunn Loring and then take the bus to NG HQ.
Did it for years. |
Seriously.. Believe it or not, some people don't like living in a tiny space and actually like a yard and space. I swear, the older I get the more land I want. My brother lives in NYC and it's not my thing. $1M gets you 1400sq ft? Visiting with kids is fun but to do it everyday would drive me nuts. Could we have bought a ~$1M place in Arlington with no yard and been comfortable? Sure.. but that's just not my cup of tea. I like my Mcmansion, 3 car garage, and big yard. I really wouldn't trade it for anything. With kids it's wonderful. I've lived in Arlington before kids, and it was fun for a little bit, but with kids the space and yard is awesome. |
You say that but every young family I know owns a car. Sometimes two. You have to accept that younger people and millennials might just want things you don't suspect. Or they don't mind NOT living in a city and driving. Or they actually prefer it. Or NG has no trouble filling vacancies and as such, sees no need to change anything. You may not see the value in an off-metro location, but what do they care? It works for them and their workforce. |
You mean new CHEAPER talent. |