Google CEO Sundar Pichai announced a $1 billion investment over the next ten years to build some 20,000 units of housing in Silicon Valley. The tech explosion in the Bay Area has made housing unaffordable for large segments of the population as it has in other tech centers across the country. Lunchtime Conversations: Should more tech…
Storyline Microsoft is putting up $500 million to address the escalating affordable housing crisis in the Seattle area. The company argues that the industry has an interest and responsibility to help people left behind in communities transformed by the tech boom. The Seattle area’s median home price is now over $720,000 and emblematic of the affordable…