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Least affordable place for tech workers? Silicon Valley

Least affordable place for tech workers? Silicon Valley

3 years ago
Anonymous $K6XgmDN5_o

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.