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A comment on GE will move headquarters to Boston.

Re:GE will move headquarters to Boston by jrlocke on Wednesday January 13, 2016 @04:14PM (#10897553)
As a software engineer in Boston this only confirms my feelings that we are a world leader in innovation. I'm looking forwards the the smart people that this will bring to my great city.
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Re:GE will move headquarters to Boston by epoxyhockey on Wednesday January 13, 2016 @04:39PM (#10897739)
I'm looking forwards the the smart people [...]

I'm not sure that a corporate headquarters is going to bring the kind of people you're assuming that it will bring into Boston.

Also, perhaps this win will offset the impending EMC layoffs. It's a good way for a politician to say they are doing something about the state jobs market, even though the package being offered to GE seems very generous and costly.

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Re:GE will move headquarters to Boston by joezydeco on Wednesday January 13, 2016 @05:02PM (#10897928)
Chicago checking in. We've had a number of corporations move their HQ to downtown and it's done nothing for the job market.

Boeing has been here 15 years now.

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Re:GE will move headquarters to Boston by HillRat on Wednesday January 13, 2016 @05:46PM (#10898256)
My take is that corporate HQs are the equivalent of a major league sports team (though orders of magnitude better for the economy than another stadium). You get a relatively small number of employees and some prestige, but not a lot of secondary industry compared to what production facilities generate -- or used to, anyway. Economic development's a tough game these days; the rules have changed and no one's really sure what the new ones are.
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Re:GE will move headquarters to Boston by progressive_dad on Wednesday January 13, 2016 @05:30PM (#10898135)
Well have I got some sweet news for you then: http://www.chicagobusiness.com/article/20160111/BLOGS02/1601...
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Re:GE will move headquarters to Boston by joezydeco on Wednesday January 13, 2016 @07:40PM (#10898838)
I wonder if they'll close and sell off the Barrington property. That alone will probably pay for the buildout of the downtown offices.
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Re:GE will move headquarters to Boston by eewffwe on Wednesday January 13, 2016 @04:45PM (#10897794)
I imagine this will do little but raise housing rates.
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