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Updated almost 7 years ago on . Most recent reply

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David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
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how many millions are you saving for Amazon HQ

David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
Posted

with the final 20 cities released for amazon's new HQ

how many investors do you think are hoarding cash to buy up as much as possible when we know?

also....if anyone is an insider. HIT ME UP  lol

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Im saving Zero.  For most of the cities named, Amazon is not going to move the needle.  They expect 50,000 jobs.  Lets say 50% of that is hired from existing population and 50% from migration.  Spread that out over 5 years, and a population increase of about 5,000 extra people per year simply does not mean much for many major cities.  And all these cities that have potential locations for Amazon, it isnt like that land will sit vacant if Amazon does not move there. It will be developed into something else, just not with as big of a buzz word attached.

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