As the article says, the problem (like everywhere else in the Bay Area) is housing costs. "Rents in San Jose grew a whopping 42.6 percent between 2006 and 2014, which was the largest increase in the country during that time period."
And the best part? The press will willingly write article after article snidely implying that it's all the fault of the young tech workers who have the audacity to move here in hopes of having a career. No one will ever mention that it's actually the fat bloated homeowners who are the cause of it all.
Untaxing land - as prop 13 did - is essentially just the privatization of the right to collect tax.
It's like saying the poor moving into an affluent or apartments built in an affluent area have moral considerations because riff raff have a tendency to drive down prices of the real estate of homeowners.
It cuts both ways and neither makes sense.
It's not like they're building weapons like the majority of tech on the east coast.
(And, again, I'm not personally saying that either the tenant or the landlord is at fault. I just don't understand why, if I've just been driven out of my home and I'm looking for someone nearby to blame, I would choose to pin it on the new tenant instead of the landlord.)