Google pledges to invest US$1 billion, build 20,000 homes to tackle rising housing costs in SF and Bay Area of US

Comes as homelessness, housing insecurity and gentrification continues to rise - driven in part by tech companies and high-salaried employees moving in and displacing residents.
San Francisco, US, Tech, GOOGLE, Bay Area, Housing, Social good, Tech for good, Society, Future, Business, SF


San Francisco, California.

Google has pledged to invest US$1 billion and build 20,000 homes to tackle rising housing costs in the Bay Area of the US state of California.

The area - home to cities such as San Francisco, Oakland and San Jose - is home to some of the highest housing costs in the world, with rents rising far faster than rises in salary. Consequently, the area also has a rising issue with homelessness.

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