City vs Big Company, Head Tax: Decline of Seattle Housing Market?

[Jason Chung]

For the experts in the industry, what are your thoughts on the growth of Seattle real estate with the conflict between city vs. big companies and having to pay a head tax? ref. https://www.seattletimes.com/business/amazon/amazon-considers-relocating-some-employees-outside-of-seattle/

My thoughts are that Seattle will stagnate and there are better opportunities outside of the Seattle area for investment type opportunities.