http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20070429/BIZ0102/704290304/1002&nav_category=
the city of bends, oregon is looking to expand. however, they aren't sure exactly what the results will be like. it will either provide a lot of people with all different kinds of jobs otherwise it is going to cause a large portion of the city (mainly businesses) to get up and move somewhere else. if they choose to stay, it will cost them.
In other words, the city, from Lee's perspective, is "at a crossroads."
"I wouldn't say we are looking at a mass migration," Lee said, "but I would say you are going to see more and more of that in the making - a growing wave of companies that physically can't find a place to be. And, cost-wise, it doesn't really make sense to them to stay."
i think companies are going to have to look at what will benefit them. if staying and being able to employ more people will help them, then they don't need to move. if other companies move to the area as well then that might help bring business to them. but if it they are going to lose money by staying in bends, then it's not worth it. eventually they would go out of business. no one knows what the city's future holds but i don't think they should rush to make any decisions.
Subscribe to:
Post Comments (Atom)
3 comments:
I see that the inhabitants of the city face a difficult decision of whether or not they should move, but from what we learned in econ, the best way I think to predict what may happen is by analyzing the incentives for the people in the city and evaluate them to see where there are greater gains. What do you think?
I don't think I really understand all the cost and benefits to moving or staying. It is a tough decision, but it is crutial the businesses chose the right one by comparing the costs.
even though bringing business to bends would help it, it would be, well, stupid for the businesses to come if they aren't going to make that much money, or if they could make more money elsewhere. it would completely inefficient.
Post a Comment