This is a great start. But I think we really need more like 100,000 new units built. Just to help reverse some of the astronomical housing prices.
I have no idea how a teacher would be able to live in SV and plan to have a family and everything else. At this rate, the housing costs are unsustainable. We wont be able to have a functioning city with all the needed staffing like teachers, nurses, sellers, etc.
I'm rather disappointed by lack of vision from SV and SV companies in this regard.
Apple has enough money that they could buy a huge block of land across the hills in Santa Cruz county. Build a large housing community of 10,000+ and hire the boring company to dig tunnel connecting that community to their new campus. Probably using autonomous electric shuttles.
That kind of housing project probably lessens the salary demands and I would imagine the project could not only pay for itself in 5-10 years, but it could also help increase Apple's retention rate.