4 ms·
We absolutely are. In the 60s mega corps started building campuses outside of cities instead of in them, but today that’s just WFH. Beyond that, pretty similar.
by vineyardmike 4y ago
We absolutely are. In the 60s mega corps started building campuses outside of cities instead of in them, but today that’s just WFH. Beyond that, pretty similar.
Anecdotally, I’ve also heard of more tech companies shifting offices to suburbs instead of urban locations. Eg Amazon opening offices in Bellevue and shifting workers out of Seattle. Most 30+yo people I knew hated the city and wanted a suburban office.
Eventually the cost and blight of cities will (are) driving out millennials who will have their kids and wfh jobs. As the boomers start dying we’ll see easier and cheaper “in fill” housing in nicer and more built up town. Prices in cities will fall with demand declining and a new generation will discover them and it’ll repeat.
- HillRat 4y agoAmazon was a tax situation -- Bezos loathes Seattle City Council and basically issued a mandate that there would be no new offices in Seattle proper. Of course, now housing prices in east Seattle have gone through the roof.
- tekknik 4y agoSan Francisco also has a tax issue, on both the companies and the workers. Parents point (I believe) is there is no longer a force pushing you to live in the city, especially in tech and with WFH. So if businesses and employees no longer have to suffer through the regulations and taxation imposed by SF, why would they?