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Amazon to spend $2
billion on affordable
housing in three regions

Original Article

Posted By: AltaD, 1/7/2021 11:46:16 AM

Amazon on Wednesday pledged to spend more than $2 billion on affordable housing efforts in three regions where big chunks of its workforce live. The e-commerce colossus said it will use the money to create and preserve more than 20,000 affordable homes in and around its home base of Seattle and its hubs in Arlington, Virginia and Nashville, Tennessee. Amazon plans to distribute the funds in the form of low-cost loans, lines of credit and grants to finance housing for low- and moderate-income families. The company expects to have at least 5,000 employees in each of the three areas in the coming years. The so-called Housing Equity Fund

Comments:

Or, Amazon could reclassify drivers as employees rather than independent contractors and provide health benefits and better pay. Then they might not need assistance to pay for housing.

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Reply 1 - Posted by: Bur Oak 1/7/2021 11:49:37 AM (No. 651788)
Future ghettos coming to three cities.
17 people like this.

Reply 2 - Posted by: Lala 1/7/2021 11:50:47 AM (No. 651791)
Everybody sing along: “I owe my soul to the company store.”
29 people like this.

Reply 3 - Posted by: Rama41 1/7/2021 11:54:20 AM (No. 651798)
Plan on the federal government doing this near your home shortly.
9 people like this.

Reply 4 - Posted by: NeverForget 1/7/2021 11:55:09 AM (No. 651799)
Planned lifetime poverty and dependence.
15 people like this.

Reply 5 - Posted by: Quigley 1/7/2021 12:11:28 PM (No. 651817)
The work camps! Easier to get federal subsidizing. Of course, the next logical step. A few oligarchs, no choice, all your needs provided for as decided by the Central Committee.
7 people like this.

Reply 6 - Posted by: Heraclitus 1/7/2021 12:26:40 PM (No. 651838)
The Amazon version of tenement housing.
10 people like this.

Reply 7 - Posted by: DVC 1/7/2021 12:27:19 PM (No. 651839)
I avoid using Amazon as much as is possible, so far only purchased two items there this year that I couldn't find elsewhere. Amazon is evil.
8 people like this.

Reply 8 - Posted by: Lazyman 1/7/2021 12:30:22 PM (No. 651842)
They can pay the salaries in chits.
7 people like this.

Reply 9 - Posted by: Daisymay 1/7/2021 12:44:52 PM (No. 651859)
Sounds like they are taking a page out of Pullman's Book. Mr. Pullman built the Luxury Railcars by providing a small Town for the people who worked for him. He set the work ours and the jobs they were assigned to. He could fire on a whim. He owned their homes, their churches and their schools and shopping areas. They had no say which house they were required to live in, he decided, and could also decide to take away that house if you did something he didn't approve of. He had rules about keeping your lawn and what the ladies should wear while working in the Hotel he built. They worked in the Kitchen or as Maids. Looks like Amazon will also be running people's lives. They had better know what they're in for when they rent a house from Bezos!
10 people like this.

Reply 10 - Posted by: justavoter 1/7/2021 12:46:53 PM (No. 651860)
Being in the real estate business I can tell this is a sure fire way to elevate home prices.
3 people like this.

Reply 11 - Posted by: Mushroom 1/7/2021 1:00:34 PM (No. 651867)
OP hit this dead on. In the Central Indiana area the laws and geography greatly favor logistics type companies and Amazon has a large presence. They are notorious as being the 'last choice' amongst employees.I met,socially, one of the recruiters for them and he was stressed how often he got laughed at. Last, he isn't sure what the % of illegals are there, but it is substantial. In fairness, most of the fulfillment houses and such around here have a lot of folks with fake or duplicated papers. I wish I could say they are bad workers and rotten people, but I can't decent folks that took a short cut...of which I disapprove.
4 people like this.

Reply 12 - Posted by: Catherine 1/7/2021 1:28:13 PM (No. 651896)
# 2 - my first thought, too.
0 people like this.

Reply 13 - Posted by: lakerman1 1/7/2021 1:33:51 PM (No. 651898)
#9, good example. In addition, I would note that the Pullman strike was aided by railroad workers who would unhook the train at the Pullman car, leaving the rich passengers stranded. Union solidarity was cool. The federal government stopped that, by ordering the railroads to hook up the U.S. mail cars right behind the Pullman car. Then, when the railroad workers unhooked the Pullman car or cars, they were interfering with the U.S. mail, which is a federal crime. Those Company towns, mining as well as mill towns, still dot the landscape of southwestern Pennsylvania.
4 people like this.

Reply 14 - Posted by: stablemoney 1/7/2021 2:05:04 PM (No. 651943)
If Amazon really cares about people, they can do the most by reducing the prices they charge their customers.
0 people like this.

Reply 15 - Posted by: Hermit_Crab 1/7/2021 2:52:06 PM (No. 651990)
Cells surrounding their shipping centers to keep their 'employees' (slaves) in.
1 person likes this.

Reply 16 - Posted by: Historybuff 1/7/2021 3:02:51 PM (No. 652010)
Affordable housing starts with affordable taxes.
0 people like this.

Reply 17 - Posted by: DVC 1/7/2021 4:43:56 PM (No. 652129)
In and near these hell holes, crime will be rampant.
1 person likes this.

Reply 18 - Posted by: DVC 1/7/2021 4:47:54 PM (No. 652132)
"You load 16 tons and what do you get? Another day older and deeper in debt. St. Peter don't you call me 'cause I can't go, I owe my soul to the Amazon store" Apologies to Tennessee Ernie Ford, and a spit in the direction of Mr. Bezos.
2 people like this.

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