Facebook could be your next landlord. In an effort to drum up support for the controversial expansion of its headquarters, the social media giant is trying to give back to the community by building at least 1,500 housing units that can be rented by the general public—not just Facebook employees [...]
Facebook has pledged that 15 percent of the new units it creates will go to low- or middle-income families.
— Gizmodo
...Which is great until you realize that 85 percent of the building will probably be ridiculously expensive and probably populated by local tech bros.
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3 Comments
Which is great until you realize that 85 percent of the building will probably be ridiculously expensive and probably populated by local tech bros.
Hey, that's still about 15% less than the rest of SF.
Why do these developments always go for 15%... And that 15% isn't really "affordable" anyway. It either is an affordable or not.... They basically admit that it's just PR so they won't be blamed for ruining the city
Welcome to the Corporate States of America.
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