Let’s think beyond the national race Amazon organized and beyond the lack of transparency on what our public officials offered the company in its bid. PublicSource spoke to more than a dozen local and national experts and public officials to gauge what kind of impact Amazon might have on Pittsburgh’s housing, job market, tech sector, education system and local governments.
Here are six things that are likely to happen were Pittsburgh to become the HQ2 city: Pittsburgh Mayor Bill Peduto said he expects the 50,000 jobs to be split 50-50 “at a minimum” between locals and transplants. Members of Pittsburgh City Council have expressed confidence that if the city offers tax breaks to Amazon, they could hold the company to an agreement to hire city residents.
Estimates from outside analysts vary, and how many new people come to Pittsburgh would affect everything from housing to traffic to public transit. Greg LeRoy, the executive director of Good Jobs First, a national economic policy center, estimated that 15 to 20 percent of the Amazon jobs would go to Pittsburghers, about 7,500 to 10,000 jobs.
The estimate is based on research into the effects of big companies landing in other cities. Stacy Mitchell, the co-director of the Institute for Local Self-Reliance, said she agreed with LeRoy’s estimate.
Aaron Terrazas, the economic research director for Zillow.com, suggested in a housing study of HQ2 finalists that a city of Pittsburgh’s size could mean residents get 30 to 40 percent of the Amazon jobs, or 15,000 to 20,000 of them. Terrazas’ estimate was based on the available talent pool in a given city. Read more from publicsource.org…
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