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

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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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