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Old Posted May 24, 2019, 6:11 PM
cardeza cardeza is offline
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Quote:
Originally Posted by ScreamShatter View Post
In an era where the nationwide trend has been for companies to move from the burbs into the city, we should stop and ask ourselves "what's preventing that from happening in Philly?" As you said, it may be that the suburban Philly companies have legit reasons for remaining there. But it could, as is also highly probable and well documented at this point, that Philly's tax structure is part of that problem as we have some of the highest and least business friendly taxes in the country.
The overall migration to the burbs has slowed, if not reversed nationwide, but let's not get out of hand and act as if suburban campuses are vanishing. Really, outside of the NE and Chicago suburban style mega complexes are more the rule than the exception- think about the DC metro area which is fullof midrise office buildings adjacent to highway interchanges. . think about many of the software companies. I can't believe people reduce all these complex factors down to "if Philly had lower taxes, no company would ever be in the suburbs". Really? Not only to many execs and workers live out there, some folks LOVE free parking, park like environs, no homeless people or "urban" issues, etc. I believe Equus noted that one of the reasons they were moving to Newtown Square was that many of the employees lived out there and they wanted their own conveniently located corporate compound in an upscale suburban environment.
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