The top business stories you need to read this week, including the rise of Austin, more WeWork drama, and Bank of America's power players
Hello! San Francisco is expensive. Like, really expensive. Silicon Valley's housing situation has gotten so bad that Facebook this week pledged $1 billion to help fix California's affordable housing crisis. The rising costs of Silicon Valley have contributed to a sense for many that maybe it's time to move. Forty-one percent of 18- to 34-year-old tech workers surveyed by Brunswick earlier this year said they plan to leave the Bay Area in the next year.
Hello! San Francisco is expensive. Like, really expensive. Silicon Valley's housing situation has gotten so bad that Facebook this week pledged $1 billion to help fix California's affordable housing crisis. The rising costs of Silicon Valley have contributed to a sense for many that maybe it's time to move. Forty-one percent of 18- to 34-year-old tech workers surveyed by Brunswick earlier this year said they plan to leave the Bay Area in the next year.
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