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The amount of abandoned/vacant/torn down buildings in RTP these days is concerning imo. It certainly feels like companies are choosing to invest/expand elsewhere.
Some of it's plain bad luck. RTP can't be blamed for the demise of Nortel, which briefly was the 10th most valuable company in the world at the height of the Internet bubble. If Burroughs Wellcome had found a partner other than across-the-highway Glaxo, there might not have been so much blood-letting in RTP pharma. If IBM had not hit on hard times, they might have a larger payroll in RTP.
Not everyone working for tech companies is under 30 and wants to work and commute to DT Raleigh or DT Durham.
I don't know why you think age has anything to really do with it. I'm over 30 and would rather work in a downtown area where there are things to do on my lunch break or after work than a boring office park.
I don't know why you think age has anything to really do with it. I'm over 30 and would rather work in a downtown area where there are things to do on my lunch break or after work than a boring office park.
I'm over 30 and have a family so schools are a big factor in where I live. I would prefer to spend time with my family rather than sit in a car commuting to a city core. Suburban life works for us, so we have no desire to live in an urban area.
To each their own, but some people act like it's only young hipster 20 somethings in the tech force these days and that's who should be catered to.
I'm over 30 and have a family so schools are a big factor in where I live. I would prefer to spend time with my family rather than sit in a car commuting to a city core. Suburban life works for us, so we have no desire to live in an urban area.
To each their own, but some people act like it's only young hipster 20 somethings in the tech force these days and that's who should be catered to.
ageism is incredibly real in IT
but also companies are more postured to shed old workforce than retrain
I'm over 30 and have a family so schools are a big factor in where I live. I would prefer to spend time with my family rather than sit in a car commuting to a city core. Suburban life works for us, so we have no desire to live in an urban area.
To each their own, but some people act like it's only young hipster 20 somethings in the tech force these days and that's who should be catered to.
The idea though is that you/me/us/they (employees) will live in or very near (inner burb) the city instead of out in the far-flung burbs so then there actually should be less commuting and more time with the kids. If more educated professionals with children did this, instead of fleeing to the outer burbs, then the school thing would fix itself. Of course, this would involve a major paradigm shift for many away from chasing "more for the money". It is not ideal to raise a family of 4 or 5 in a 500 sqft apt; but, do people really need 3-4K sqft.
The idea though is that you/me/us/they (employees) will live in or very near (inner burb) the city instead of out in the far-flung burbs so then there actually should be less commuting and more time with the kids. If more educated professionals with children did this, instead of fleeing to the outer burbs, then the school thing would fix itself. Of course, this would involve a major paradigm shift for many away from chasing "more for the money". It is not ideal to raise a family of 4 or 5 in a 500 sqft apt; but, do people really need 3-4K sqft.
Go to a northern city where it costs upwards of 1M dollars for that 500sf apartment - let me know how that works out for you.
ITB is expensive even accounting for smaller homes. Some people like making that choice, but I think the majority of those moving here came with suburbs in mind.
Go to a northern city where it costs upwards of 1M dollars for that 500sf apartment - let me know how that works out for you.
Clearly that doesn't work.
Exactly!
Executive and Sr. level directors may be able to afford those 1M closets but the "professionals" mentioned will have to flee to the suburban areas which are still beyond affordable and even with mass transit, will take hours out of their day between home and work.. Let's not forget the poor souls that work in the very restaurants you wish to walk to who cannot afford to live or even commute in.
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