Will Amazon’s NYC Headquarters Cause Even More Homelessness?

Amazon HQ2

Amazon recently announced that they will be opening its second headquarters in Long Island City, Queens.

Citing increasing homelessness in Seattle, the location of Amazon’s original headquarters, economists warn that the presence of Amazon’s headquarters in New York City can exacerbate New York City’s already troublesome homeless problem.

According to Business Insider, “A Zillow senior economist recently found that Amazon’s HQ2 could introduce 830 new homeless residents to New York City on an annual basis.”

Business Insider also opines that, “In neighborhoods that are already experiencing rising rents and crowded public transit, [the Amazon HQ2 opening] could give way to further issues of congestion and affordability.”

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