Amazon's HQ2 is expected to bring soaring housing prices — here are the cities that could be hit hardest

pulse

April 11, 2018 6:13 PM

Housing experts say that the population influx from Amazon's second headquarters will likely increase rent and home prices in the chosen city.

Promising 50,000 workers and $5 billion in investment, HQ2 will likely increase rent and home prices in its chosen metro, according to housing experts.
Cities including Columbus and Indianapolis could see less dramatic increases in housing prices. Miami and Boston could see more significant rises.

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In Amazon's RFP, the company writes that its $5 billion campus will bring 50,000 jobs. However, it's uncertain whether all of those jobs will be filled by residents, meaning the chosen city could see a population boom and thus a higher demand for housing. Cities with lower populations are more likely to see greater community effects, said.

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Another big factor will be the HQ2 city's physical potential for growth, said. Cities that have higher rates of housing vacancies or room to develop are better equipped to absorb the shock of HQ2.

A researcher from

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