Since our last major update about Amazon’s hunt for a location for its second headquarters, it’s been reported that Miami and Chicago have gotten a second look, and little Oatlands, Va., near D.C., is an unlikely frontrunner. The e-commerce giant is supposed to announce by the end of 2018 which city from its short list of 20 it will select for its $5 billion investment and 50,000 well-paid jobs.
No matter which of the 20 finalist cities Amazon selects, HQ2 is going to have a dramatic effect on the local housing market. Speculators are already snapping up properties in cities on the short list, the Wall Street Journal reports. Even if a city doesn’t get picked, there’s attraction by the fact that it was even considered.
