Silicon Valley Tech Giants' Growth Creates "New Homeless" People
Giant high-tech companies in Silicon Valley are adding jobs but no one is adding
enough housing units. House prices and apartment rents are increasing ceaselessly.
There's a failure to optimize the OVERALL combination of jobs and housing. City councils
must force tech companies and real estate developers to deal with the housing shortage.
Can Thoughtful U.S.-Wide Economic Planning Enable Orderly Growth?
Skyrocketing house prices and apartment rents, long and slow commutes,
overcrowded schools, etc. diminishes peoples' quality of life and will choke
off growth in Silicon Valley. We need a national advisory council to nudge giant
software companies like Facebook and Google to regionalize their operations.