Amazon to invest $2 billion to build affordable housing in these 3 cities Share Updated: 3:13 PM EST Jan 9, 2021 By Anna Bahney, CNN Business
Amazon to invest $2 billion to build affordable housing in these 3 cities Share Updated: 3:13 PM EST Jan 9, 2021
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Show Transcript is it really all about location, location, location or getting a bang for your buck? These air some of the best and worst cities in the U. S. To be looking to buy a home. Zillow puts the median value of a home just shy of $250,000. And that s what property shark used to evaluate what you could afford in some of the top U. S. Cities. As far as getting more for your money, the report found that for 250 k, you could get over 5400 square feet in Detroit as the Motor City topped its list for cities where you can buy the most space. Cleveland was next at 4667 square feet, followed by Buffalo, New York, with 4145 square feet. Then there are the cities that make you
dollars worth of investments, and it s a real interesting debate going on here. did new york city give away top to attract a very wealthy company. they gave away a lot. a lot. 1.7 billion dollars worth of tax breaks hundreds of millions more coming from the city. the amazon does not have to build new housing. they don t have to employ locals to get a helicopter pad how about that? he could never afford it on his own. alexandria cortez a democrat superstar says this, and she s from queens amazon is a billion dollar company that the idea that it will receive hundreds of millions of dollars in tax breaks a time when our subway is crumbling communities need nor investment is concerning to residents here. look, the young lady does not understand growth. you ve got toll to grow a business she doesn t understand growing a business you have to put money in to get money out. for infrastructure for infrastructure i think they re billing a new high
the dht it is in the house could reverse are the tax cuts and reverse deregulation, then small business would be very worried indeed. but they don t think they re going to reverse those two items look i think, things are going to get better because we ve got plunging gas prices. i don t to go on at length about this. but i ve got ten gas stations in the united states all of which are selling gas below two dollars a gallon. i have a buck 89 at a station in louisiana. good news is when gas is low, russia are and saudi arabia have near russia we don t have to pay as much. good news is small businesses across america deliver a business et cetera, et cetera, they get a win for from sharply lower gas price. small business to big business. amazon, amazon northern, virginia, and here in new york outside of the city, and in long island city building two new for a minutes. yes coming to new york city 25,000 jobs, couple of billion