Least affordable place for tech workers? Silicon Valley
https://www.siliconvalley.com/2021/01/25/least-affordable-place-for-tech-workers-silicon-valley/
Techies flock to Silicon Valley for jobs, weather, great food, art and nightlife, but for some one thing is missing: a home they can afford.
Despite high salaries and world-class amenities, San Jose is the least affordable place for tech workers to buy a home. A new analysis by the American Enterprise Institute found the typical tech worker and his or her partner — with two incomes totaling $200,000 — can afford just 12 percent of the homes for sale in the San Jose metro area.
Least affordable place for tech workers? Silicon Valley
Jan 25, 2021, 2:47pm UTC
https://www.siliconvalley.com/2021/01/25/least-affordable-place-for-tech-workers-silicon-valley/
> Techies flock to Silicon Valley for jobs, weather, great food, art and nightlife, but for some one thing is missing: a home they can afford.
> Despite high salaries and world-class amenities, San Jose is the least affordable place for tech workers to buy a home. A new analysis by the American Enterprise Institute found the typical tech worker and his or her partner — with two incomes totaling $200,000 — can afford just 12 percent of the homes for sale in the San Jose metro area.