Amazon moves employees out of downtown Seattle office due to crime

Re:Amazon moves employees out of downtown Seattle office due... by HWR_14 on Monday March 14, 2022 @03:31PM (#30677081)

You left out that the one development may not be one-bedroom apartments and that one-bedroom apartments can easily hold 2-4 people. I also think expecting an ROI in 4 years is very aggressive. The housing can easily last decades, and the upkeep costs combined with the depreciated costs should be quite affordable compared to incarceration.

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Re:Amazon moves employees out of downtown Seattle office due... by woodruffw on Monday March 14, 2022 @03:35PM (#30677132)

Thanks for pointing that out. I'm not an LA resident, and it was frankly difficult to find the actual local law that's funding the construction efforts (Prop. HHH).

5 years is indeed aggressive, and probably unrealistic. My goal was to show that even with contrived (and conservative) numbers these programs look great; with longer outlooks, they look fantastic.

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