Tough luck, New York. Amazon is likely to pick Atlanta or northern Virginia for its second headquarters, according to a survey of housing experts and economists conducted by Zillow. Zillow asked a group of 100 experts which of the 20 cities on Amazon’s shortlist for HQ2 — a new full-fledged headquarters for the tech giant outside Seattle that will bring at least 50,000 jobs and upend the local housing market — had an edge as a decision approaches. Experts responding to Zillow’s Home Price Expectations Survey answered the question alongside Zillow’s usual quarterly poll about the U.S. housing market. Of the 85 responses Zillow received, 12 said Amazon was most likely to pick Atlanta, 12 said northern Virginia, 11 picked Austin, nine chose Raleigh, North Carolina and six picked Denver. The economists and experts chose Atlanta for its cost of living, with the fourth-lowest home values and rents of the cities on Amazon’s list. The median home value in Atlanta is $187,600, acc…
Source: click here