Oakland dodged a bullet here. Uber is in serious trouble as a company. Better to have them pull out now, than leave empty building later.https://twitter.com/kimmaicutler/status/843893058550681615 …
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Replying to @RobertGammon
@DarwinBondGraha Uber's corporate culture & Oakland are an odd fit, to say the least.2 replies 1 retweet 4 likes -
Replying to @kimmaicutler @DarwinBondGraha
True. It was always an uncomfortable situation, especially considering Uber's anti-labor stances.
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most disappointing was the party hats that some at City Hall & thruout Town broke out for thempic.twitter.com/rKoG6ghkbH
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my understanding was they rushed that press conference bc there was nothing they could do to exert
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Replying to @kimmaicutler @joeltena and
leverage over community benefits and so they had to manage it optically.
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not just City Hall tbf. Many of my neighbors who think solution to OAK probs is outsider money
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California cities are not really structured in a way to self-finance well.
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Replying to @kimmaicutler @joeltena and
San Jose has similar budgeting issues post Prop. 13 because housing does not pay for itself via tax
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so the structure incentivizes cities to depend on office space, employers to subsidize residential
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Replying to @kimmaicutler @joeltena and
but attracting office to stabilize city finances drives up real estate values --> displacement
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