IMHO @amazon is too smart/frugal to consider San Jose as a viable option. Too expensive and too much competition in the area.
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Except there's no way San Jose can compete with incentives when adjusted for COL
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San Jose has had credible plans for expansion since the 1990s / Cisco concept. One of the few places with both land & transport.
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I'm betting Amazon will head east of the Mississippi River.
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we need to exchange the economics of building residential units
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Issue is CA property tax laws and how they benefit long term owners; most states reassess frequently
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SJ has fiscal challenges, but also tremendous assets eg transit, high incomes, job growth, property values+growth https://twitter.com/kimmaicutler/status/905939077891055616 … 1/
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SJ fiscal issues, & many tax etc opptys well analyzed
@SPUR_Urbanist#SJfiscalstrategy report http://www.spur.org/sites/default/files/publications_pdfs/SPUR_Back_in_the_Black.pdf … good place to start /2pic.twitter.com/yfMUV6zmyi
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That is so whacked ... in NJ and SC they reassess ur home value like every 5 years ...
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