Even Google Employees Can No Longer Afford Housing In San Francisco
Michael Krieger, Liberty Blitzkrieg
You load sixteen tons, what do you get
Another day older and deeper in debt
Saint Peter don’t you call me ’cause I can’t go
I owe my soul to the new Google modular home
Every now and then a story appears in the national media that causes a lightbulb to start flashing incessantly in my head. For me, such a story came to my attention today and relates to how Google is manufacturing housing for some of its employees due to the ridiculous cost of housing in the San Francisco Bay Area.
Here’s a summary from The Verge:
Google’s employees can’t find affordable housing in Silicon Valley, so the company is investing in modular homes that’ll serve as short-term housing for them. The Wall Street Journal reports that Google has ordered 300 units from a startup called Factory OS, which specializes in modular homes. The deal reportedly costs between $25 and $30 million.