Rents dropping significantly across the Seattle area after new construction

Re:Rents dropping significantly across the Seattle area afte... by the_cat_kittles on Monday January 15, 2018 @01:40AM (#16148951)

arent a ton of people gonna move here when ali babba opens in that building downtown? (assuming the person telling me that wasnt full of shit) seems like 10k more tech workers could probably have a pretty big effect on the rental market

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Re:Rents dropping significantly across the Seattle area afte... by baybal2 on Monday January 15, 2018 @04:10AM (#16149433)

Alibaba used to own a quite huge office in DT LA, but people in Alibaba I knew said that they never had more than ~40 full-timers and contractors in USA. They came to US for the talent, haven't found it, and mostly bailed the idea.

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Re:Rents dropping significantly across the Seattle area afte... by seanmcdirmid on Monday January 15, 2018 @01:51AM (#16148999)

Alibaba isn’t going to employ 10k in Seattle, and probably not enough to move the needle on housing. They have about 40 (in Bellevue no less).

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Re:Rents dropping significantly across the Seattle area afte... by senatorobama on Monday January 15, 2018 @04:31AM (#16149507)

OTOH, Baidu has a successful DL group.

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Re:Rents dropping significantly across the Seattle area afte... by djsumdog on Monday January 15, 2018 @03:31AM (#16149307)

I thought the poster was saying "Alibaba" to make fun of Amazon.

Also I like calling those new buildings The Amazon Testicles.

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Re:Rents dropping significantly across the Seattle area afte... by keyboardhitter on Monday January 15, 2018 @01:00PM (#16152152)

Same. Bezos' Balls of fury.

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