Here’s Why Housing Advocates Are Warning Against Amazon’s Impact On Affordable Housing
After months of speculation, Amazon announced that the locations of its second headquarters will be in Long Island City, New York, and Arlington, Virginia. The announcement has been met with criticism from local community members and officials that say the influx of tech workers would fuel gentrification and hurt lower-income populations. Newly elected Congresswoman-elect Alexandria Ocasio-Cortez has been one of the most vocal public officials to condemn Amazon for moving to Long Island. Ocasio-Cortez represents the 14th Congressional District of New York, which borders the district that includes Long Island City, and says the move “is extremely concerning to residents here.”
Residents and real estate watchers are monitoring the impact Amazon will have on rent and living costs in both New York and Virginia.
— FRANCE 24 (@FRANCE24) November 14, 2018
Housing displacement was a platform issue that Ocasio-Cortez ran on and is a vocal advocate for affordable housing. She took to Twitter to voice her displeasure about Amazon’s announcement. Ocasio-Cortez said that “shuffling working class people out of a community does not improve their quality of life.” Community members fear that Amazon’s decision to set up shop in New York will hasten gentrification, increase housing prices and displace current residents.
Northern Virginia realtor Jen Walker told NBC Washington that there has already been signs of the “the Amazon effect” on the local real estate marketplace. “They woke up this morning, saw the Amazon announcement and they decided they wanted to move forward with a contract,” she said. “They said, ‘We’re going to get priced out if we don’t do this now.'”
Alex Howe, a member of the group runs the website NoVa Says No to Amazon, echoed a similar message as Walker saying that the real estate market will drastically change now that Amazon is here. “Those already prospering will flourish and those who struggle in our region will be further pushed out and erased,” Howe said. “If Amazon comes here, it should be on our terms and they should pay their fair share in our community if they expect to set up shop here.”
Amazon says it will invest $5 billion and create more than 50,000 jobs across the two new headquarters locations but some are questioning if the company will follow through.
Dear New York and DC,
Amazon isn't bringing you 50,000 high paying jobs. They're bringing 50,000 people with high paying jobs to where you currently live. This won't help your community, it will replace your community.
— Spek (@spekulation) November 13, 2018
Rising home prices and cost of living have been huge concerns for many communities across the U.S. in places like San Francisco and Seattle, where Amazon is already established. Amazon says their new headquarters will generate millions of dollars in revenue and jobs opportunities. Yet many don’t see it that way as tech companies have been known to price out many long-time residents and hire from outside local communities.
“We are excited to build new headquarters in New York City and Northern Virginia,” Jeff Bezos, CEO of Amazon, said in a statement. “These two locations will allow us to attract world-class talent that will help us to continue inventing for customers for years to come. The team did a great job selecting these sites, and we look forward to becoming an even bigger part of these communities.”
Since Amazon’s arrival, Seattle has become one of the most expensive cities to live in the U.S, forcing many Latino and black residents to move to far-off suburbs.
Hundreds of protesters took to the streets in New York to voice their displeasure with the announcement of a new headquarters.
Hundreds of people here in #LIC — the site where @amazon will build up to 8 million square feet — to protest the deal. Among their grievances: $3 billion of tax breaks, no community process, rising rents, stress on infrastructure. pic.twitter.com/UwjPWBI6jl
— Benjamin Fang (@benfangBQE) November 14, 2018
On Wednesday, protesters gathered near Amazon’s soon-to-be headquarters in New York City to voice their concern over the multibillion-dollar incentives being awarded to Amazon. Protesters warn of the potential impact it will have on their community.
Ocasio-Cortez has echoed many residents worries and said she is concerned not just about Amazon specifically, but rather about the relationships that the government has with its citizens and corporations.
“This isn’t just about one company or one headquarters. It’s about cost of living, corps paying their fair share, etc,” she wrote on Twitter. “It’s not about picking a fight, either. I was elected to advocate for our community’s interests – & they’ve requested, clearly, to voice their concerns.”
Mitú reached out to Amazon but there has been no response as this time.