I have previously written in this blog regarding our Golden State’s significant scarcity of housing. As this situation persists, it threatens to tarnish the luster of our economy. Even as the new tech boom drives growth to new heights, an acute lack of residential stock (and concomitant high housing costs) is eroding some of our economic strength. In Mountain View, where … [Read more...] about Recent legislative responses to California’s housing crisis produce mixed results
Office space caps Despite a sluggish U.S. economy, growth in Silicon Valley continues on a torrid pace. Yet a dark cloud of uncertainty looms on the horizon—the potential effects of hastily-adopted land use restrictions curbing the ability of high-tech firms and other developing businesses to plan for expansion. A current shortage of office space, exacerbated by office space … [Read more...] about Office space caps: Could Silicon Valley kill the goose that lays the golden eggs?