5 ms·

I wonder how many high-level employees will choose to commute to Foxconn by Amtrak from downtown Chicago or Glenview.

by cozzyd 8y ago

BooneJS 8y ago
> Undoubtedly, Wisconsin scored a political and commercial victory by winning the Foxconn bid. But by virtue of its location, Illinois came in a close second and that's pretty good. http://www.chicagotribune.com/g00/business/columnists/ct-foxconn-illinois-wins-robert-reed--0730-biz-20170727-column.html?i10c.encReferrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8%3D&i10c.ua=4 http://www.chicagotribune.com/g00/business/columnists/ct-fox...
- bilbo0s 8y ago
  Best part is that Illinois taxpayers don't have to pony up a single nickel. In a very real way, people in LaCrosse, Independence, Pardeeville, and Spring Green will be subsidizing jobs for people in Illinois. I don't know how Chicago does it, but they always come out on top in any big deal that seems to happen in Wisconsin. Now please excuse me while I go recharge my account to pay Illinois more of my money for the pleasure of using their iPass system on the weekends. :( (Maybe I should change my HN screen handle to "AnotherWisconsinSucker"?)
  - BooneJS 8y ago
    The FIBs play the sneaky long game. Or they get lucky.
weberc2 8y ago
Why would they? Who would pay the insane realestate and tax prices plus an hours-long commute? Sure there’s more to do in Chicago, but you’re not doing anything during the week if you’re working ten hours and commuting 3. Better off to live in Wisconsin and visit Chicago on the weekends.
- bilbo0s 8y ago
  "...Who would pay the insane realestate and tax prices..." Are you talking about the insane property taxes in Wisconsin? Or the insane property taxes in Illinois? Also, unless you live south of Chicago or something, there really is no way I can see it taking you 3 hours to get to Racine even by car. It definitely won't take 3 hours from the north suburbs. And again, that's assuming all the FIB's use their cars. (And even a FIB is smart enough to use the train.)
  - weberc2 8y ago
    Chicago residents pay Illinois property taxes, which are quite high. I also didn’t claim it took 3 hours, I said the total time commuting was about 3 hours. In other words, about 1.5 hours each way.
    - cozzyd 8y ago
      Racine and Kenosha Counties appears to have a higher average property tax than e.g. Cook County and nearly equal to neighboring Lake County in Illinois. Of course, that's not the whole picture, as properties are more expensive in nicer areas.
    - dredmorbius 8y ago
      Those high Illinois property taxes are a stealth blessing in keeping property values low, and affordable.
      - weberc2 8y ago
        Property values in Chicago are anything but low; I don't think high property taxes are doing much to drive them down either.
        dredmorbius 8y ago
        Relative to what? It's the 3rd largest city in the US. How do land prices compare to NYC, LA, Houston, or SF (ranked 13th).

I wonder how many high-level employees will choose to commute to Foxconn by Amtrak from downtown Chicago or Glenview.

by cozzyd 8y ago

I wonder how many high-level employees will choose to commute to Foxconn by Amtrak from downtown Chicago or Glenview.

> Undoubtedly, Wisconsin scored a political and commercial victory by winning the Foxconn bid. But by virtue of its location, Illinois came in a close second and that's pretty good. http://www.chicagotribune.com/g00/business/columnists/ct-foxconn-illinois-wins-robert-reed--0730-biz-20170727-column.html?i10c.encReferrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8%3D&i10c.ua=4 http://www.chicagotribune.com/g00/business/columnists/ct-fox...

bilbo0s 8y ago
Best part is that Illinois taxpayers don't have to pony up a single nickel. In a very real way, people in LaCrosse, Independence, Pardeeville, and Spring Green will be subsidizing jobs for people in Illinois. I don't know how Chicago does it, but they always come out on top in any big deal that seems to happen in Wisconsin. Now please excuse me while I go recharge my account to pay Illinois more of my money for the pleasure of using their iPass system on the weekends. :( (Maybe I should change my HN screen handle to "AnotherWisconsinSucker"?)
- BooneJS 8y ago
  The FIBs play the sneaky long game. Or they get lucky.

weberc2 8y ago

Why would they? Who would pay the insane realestate and tax prices plus an hours-long commute? Sure there’s more to do in Chicago, but you’re not doing anything during the week if you’re working ten hours and commuting 3. Better off to live in Wisconsin and visit Chicago on the weekends.

bilbo0s 8y ago
"...Who would pay the insane realestate and tax prices..." Are you talking about the insane property taxes in Wisconsin? Or the insane property taxes in Illinois? Also, unless you live south of Chicago or something, there really is no way I can see it taking you 3 hours to get to Racine even by car. It definitely won't take 3 hours from the north suburbs. And again, that's assuming all the FIB's use their cars. (And even a FIB is smart enough to use the train.)
- weberc2 8y ago
  Chicago residents pay Illinois property taxes, which are quite high. I also didn’t claim it took 3 hours, I said the total time commuting was about 3 hours. In other words, about 1.5 hours each way.
  - cozzyd 8y ago
    Racine and Kenosha Counties appears to have a higher average property tax than e.g. Cook County and nearly equal to neighboring Lake County in Illinois. Of course, that's not the whole picture, as properties are more expensive in nicer areas.
  - dredmorbius 8y ago
    Those high Illinois property taxes are a stealth blessing in keeping property values low, and affordable.
    - weberc2 8y ago
      Property values in Chicago are anything but low; I don't think high property taxes are doing much to drive them down either.
      - dredmorbius 8y ago
        Relative to what? It's the 3rd largest city in the US. How do land prices compare to NYC, LA, Houston, or SF (ranked 13th).