Tech Giants Eye Lucrative Rent Market as End to Eviction Moratorium Could Leave Millions Homeless

Parallel to this and largely under the radar, however, the private tech sector is moving into position to swoop in and take advantage of the impending housing crisis. Just as news of a mysterious virus was breaking late last year, Facebook invested $1 billion for the construction of 20,000 new affordable housing units in California, following Google’s lead which had made the exact same commitment a few months earlier. Apple more than doubled Google’s and Facebook’s investment, combined, when it put down $2.5 billion for the same cause.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself.

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