Skip to Content
Silicon Valley

Amazon’s HQ2 could price lower-income workers out of its chosen city

A new report by Indeed.com has found that rising housing prices in cities are pushing out whole classes of workers.

For example: There are 77 percent fewer people holding jobs as trailer mechanics and 67 percent fewer as concrete finishers in expensive urban areas. In general, people with lower-paying careers were vastly underrepresented, as they simply can’t afford the sky-high rents.

Here comes HQ2: Boston is on Amazon’s short list for its second headquarters, but the prospect of 50,000 Amazon employees house-hunting in an already-strained housing market could be disastrous. Other cities on the list are likely to face similar problems if selected.

Why it matters: Even more low-income workers stand to get priced out. To prevent this, cities may be forced to implement drastic measures to ensure access to housing—like the “Amazon tax” Seattle just passed.

Deep Dive

Silicon Valley

Here’s how a Twitter engineer says it will break in the coming weeks

One insider says the company’s current staffing isn’t able to sustain the platform.

Twitter’s potential collapse could wipe out vast records of recent human history

What happens when the world’s knowledge is held in a quasi-public square owned by a private company that could soon go out of business?

Twitter may have lost more than a million users since Elon Musk took over

Estimates from Bot Sentinel suggest that more than 875,000 users deactivated their accounts between October 27 and November 1, while half a million more were suspended.

Former Twitter employees fear the platform might only last weeks

An ultimatum by Elon Musk demanding "extremely hardcore" working culture appears to have backfired. Insiders fear this could spell the end without drastic changes.

Stay connected

Illustration by Rose Wong

Get the latest updates from
MIT Technology Review

Discover special offers, top stories, upcoming events, and more.

Thank you for submitting your email!

Explore more newsletters

It looks like something went wrong.

We’re having trouble saving your preferences. Try refreshing this page and updating them one more time. If you continue to get this message, reach out to us at customer-service@technologyreview.com with a list of newsletters you’d like to receive.