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Reply to "Are there neighborhoods that you believe will spiral in the next ten or twenty years? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can someone tell me how the Amazon HQ2 deal is bad for Arlington?[/quote] It’ll be a hellhole of transient renters. Most workers at Amazon don’t stay more than 2 years. [/quote] Amazon has not hit any of its financial targets. As has been pointed out, Amazon's development of Crystal City is based on a 2019 work model rather than a 2022 work model. The difference is monumental. Amazon was supposed to renew Crystal City after BRAC left at least a 30% office vacancy rate in CC. Amazon is a very labor intensive business, and Amazon is trying to eliminate those people to reduce costs. The reality is that the Amazon people who are figuring out ways to reduce the low earning labor force will soon be put out of work by the same AI that will automate Amazon's fulfillment centers, warehouses, and similar low skill jobs. [/quote]
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