- Amazon is considering Boston as a home for its second headquarters, HQ2.
- Boston may seem like a great choice, with its highly educated labor pool, nearby universities,d irect access to public transit, and vibrant urban center.
- But HQ2 could exacerbate a serious housing shortage in Boston, making the benefits of hosting Amazon not worth the cost to its residents.
Boston was just named a finalist for Amazon’s much-desired second headquarters.
As a native of the Greater Boston area, I think it’s a terrible idea.
A shortlist of the 20 cities that Amazon is considering for HQ2 was released on Thursday, and among the contenders were cities big and small: New York, Toronto, Pittsburgh, and Austin. Boston was the only New England city to make the cut, though not for a shortage of bids.
The future HQ2 will bring a $5 billion investment and 50,000 high-paying jobs to the winning city. But if Amazon decides to build in Boston, it would be a missed opportunity to shape a different city and region. Boston already has a booming tech industry, one of the lowest rates of unemployment on Amazon’s shortlist, and a housing shortage that would only be exacerbated by an influx of new people.
In other words, Boston is fine without Amazon’s HQ2.
Boston is an obvious pick
News outlets and analysts have long predicted that Boston will be a top contender in Amazon’s competition. Business Insider looked at seven rankings and produced a new ranking based on how many times each city appeared on these lists. Boston was named the second best pick for HQ2, after Atlanta.
The widespread confidence in Boston is for one key reason: talent.
“The metro division is one of only a few places nationally with Read More Here