Disneyland moving jobs to FL (Anaheim, Torrance: house, neighborhood, to buy)

[TimTheEnchanter]

Originally Posted by waltchan

I'm predicting by year 2055....

Can't even think of a snappy reply...... it's just so sad.

[apple92680]

Originally Posted by waltchan

I'm predicting by year 2055, after 100 years it first opened, but I think it could be sooner. There's still some time left..., try not to worry about this now. But, I wouldn't call it generous amount of time left.

Still, I would be wary of our aging population, and more families are having FEWER kids now. That is a fact.

You titled your original post with the alarmist-sounding "Disneyland closing soon???" -- getting everyone all worked up about a standard, sensical corporate decision.

and then you say....

Originally Posted by waltchan

try not to worry about this now.

What's your deal, man????

[DabOnEm]

Through all the back-and-forth of California losing well paying jobs (I think the average is over $100k for these jobs moving) and others thinking it's no big deal, what is getting lost is Disney is essentially creating a corporate neighborhood for its workers in Florida. Soon I bet these corporate neighborhoods won't even allow home ownership but instead discounted rents as corporations move to buy up available land in America, meanwhile people bicker on city-data (just an example) without putting themselves in position to do the same.

[Racer46]

Originally Posted by DabOnEm

Through all the back-and-forth of California losing well paying jobs (I think the average is over $100k for these jobs moving) and others thinking it's no big deal, what is getting lost is Disney is essentially creating a corporate neighborhood for its workers in Florida. Soon I bet these corporate neighborhoods won't even allow home ownership but instead discounted rents as corporations move to buy up available land in America, meanwhile people bicker on city-data (just an example) without putting themselves in position to do the same.

Universal is doing it in FL too. I have several relatives living there, so I keep an eye on the State.

[waltchan]

Disney to invest nearly $864 million in new Florida campus:

https://www.msn.com/en-us/money/comp...?ocid=msedgntp

But for California, it's dialing down now.

[TimTheEnchanter]

Originally Posted by waltchan

Disney to invest nearly $864 million in new Florida campus: But for California, it's dialing down now.

What do you think you gain by lying about Disney's plan for Anaheim?

[apple92680]

Originally Posted by DabOnEm

Through all the back-and-forth of California losing well paying jobs (I think the average is over $100k for these jobs moving) and others thinking it's no big deal, what is getting lost is Disney is essentially creating a corporate neighborhood for its workers in Florida. Soon I bet these corporate neighborhoods won't even allow home ownership but instead discounted rents as corporations move to buy up available land in America, meanwhile people bicker on city-data (just an example) without putting themselves in position to do the same.

It could do the same for its corporate workers in Burbank and Orange County, too. It would take nothing to build a condo-style complex in Orange County or in North Hollywood or Valley Village (near Burbank).

[amokk]

Originally Posted by apple92680

It could do the same for its corporate workers in Burbank and Orange County, too. It would take nothing to build a condo-style complex in Orange County or in North Hollywood or Valley Village (near Burbank).

Actually it would take something. California would have to shell out over 500 million dollars in tax breaks like the state of Florida did in order to get Disney to build the campus there.

State economic development agencies are all just a bunch of prostitutes see who will go for the highest bid.

[apple92680]

Originally Posted by amokk

Actually it would take something. California would have to shell out over 500 million dollars in tax breaks like the state of Florida did in order to get Disney to build the campus there.

State economic development agencies are all just a bunch of prostitutes see who will go for the highest bid.

When states "prostitute" themselves through their economic development agencies, they are usually of the mindset that all of those newly relocated employees will generate their own revenue streams and fund the local tax base just by being there and spending their income.

Nevada did this with the Tesla plant near Reno. I don't think it has panned out quite like they thought it would?

Corporations will use the abatements to their maximum and then find loopholes to slither their way out of agreements and relocate to another state that is offering even better benefits.

[DabOnEm]

Well let's not act like California doesn't use incentives. They use it a lot in the entertainment industry.

Originally Posted by apple92680

When states "prostitute" themselves through their economic development agencies, they are usually of the mindset that all of those newly relocated employees will generate their own revenue streams and fund the local tax base just by being there and spending their income.

Nevada did this with the Tesla plant near Reno. I don't think it has panned out quite like they thought it would?

Corporations will use the abatements to their maximum and then find loopholes to slither their way out of agreements and relocate to another state that is offering even better benefits.

It actually has worked out well for them and they made the money back in two years - https://www.rgj.com/story/news/2018/...rk/1054150002/

See incentives can definitely work. For example the North Plano area in Dallas has been on a tear ever since Toyota moved their offices from Torrance over there. Now you have suppliers like Kubota that followed them there, plus a hoard of other businesses to serve the newcomers. It can work well, which is why California also uses them.