“While the Triangle may benefit from the modeled benefits such as the direct jobs, the spillover ones in linked industries, and the induced ones, places far from the Triangle may not benefit, A project of this scale has the potential to widen regional disparities within the state, leading the rich regions to grow richer, the poor regions, poorer.” – Duke professor Dr. John Quinterno.
RALEIGH – There will be clear winners and losers, as well as a hard-to-predict set of spillover effects of Apple’s announced new Triangle facility, economists say.
Higher rents but more jobs. Traffic congestion grows but more economic activity. Increased housing costs but better paying jobs. Population growth and strain on schools. That’s to cite just a few.