It’s actually very hard. Most available land has already been built up. Cities are very strict about zoning and not allowing additional development. Tech companies can’t just steamroll the local governments. It’s very much a poor governance situation.
I agree with your conclusion, I just don’t believe Big Tech can fix it so easily.
Palo Alto has blocked new housing for the last decade. They enforce strict zoning that has curtailed commercial development too.
Not quite. The rule is that for offices in the Village at San Antonio Center project meals within an office cannot be subsidized more than 50% on a regular basis. Meals that are in restaurants that are open to the public can be subsidized as often and as much as the office wants to.
That development includes several restaurants. I expect Facebook will make arrangements to use them to provide Facebook's free meal benefit at that development.
That's not exactly a good thing. One day it's sponsoring cheap apartments, the next it's dissolving labor laws.
Leadership is saying “I’m willing to lose some of my home price appreciation in the short term to keep the ecosystem thriving”
Repeat that 2 or 3 times, and the problem goes away quickly..