Editorial | Is the California housing crisis leading to a tech brain drain?

May 03, 2018

Stories about California’s housing crisis often focus on how the high cost of shelter hammers the poor, increases homelessness and makes home ownership seem a distant dream for young people. But a new article in Chief Executive magazine offers a housing perspective that should give elected officials even more of a sense of urgency about adding housing stock. It notes how housing costs are making it more difficult for companies in Silicon Valley and the Bay Area to attract and retain talented workers. This includes the tech firms that create so much wealth and cachet for the Golden State.