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Updated over 7 years ago on . Most recent reply

User Stats

47
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35
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Andy W.
  • Investor
  • Meridian, ID
35
Votes |
47
Posts

Amazon drastically affecting property values?

Andy W.
  • Investor
  • Meridian, ID
Posted

  Amazon is supposed to be building a second location, estimates of 40,000 jobs, 5 billion or more invested into the areas surronding it. Chicago, Dallas, Denver, Detroit and a few more cities fighting for them to set up shop in thier town.

 If you owned a duplex, single family or multi family within 5 miles of this new location, how much do you think your property would increase after they announce the location? Maybe 150k to 200k? Or 400k to 700k? I'm guessing it would be massive. No correct answer to the question, just everyones opinions.

Most Popular Reply

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287
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270
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Ryan E.
  • Investor
  • Salt Lake City, UT
270
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287
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Ryan E.
  • Investor
  • Salt Lake City, UT
Replied

You already have a case study with Aamzon’s first HQ. Look at Seattle pre-Amazon and then try to determine the impact Amazon’s growth has had on Seattle’s housing market. 

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