With Amazon looking for a city...

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With Amazon looking for a city for their second headquarters, I already feel sorry for the city who "wins" the second headquarters.

Usually, the city who wants a corporation to move to their city is motivated by the additional tax revenues and jobs that will be brought to the city.  Unfortunately, they fail to assess the secondary effects of "winning" the corporation's favor.  The bigger the corporation or industry relative to the city, the more pervasive the problem is.

While the city officials benefit because they get move revenues to support their jobs, salaries and budgets, there is usually not nearly enough funds to deal with the secondary effects.  Some of the problems are long time residents get priced out of the area because of sky rocketing housing and other costs.  Also, the infrastructure to support the additional growth is always insufficient.

Look at what has happened to Seattle as a result of Amazon becoming such a big player. San Francisco has had significant problems as a result of the tech industry growing there.  Pittsburgh's housing has started to rise as it becomes more a tech city with Google moving in.

I guess you could call it the "winners dilemma" .

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Copyright 2017 Mark T. McLaren