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Apple Commits $2.5B to Ease California Housing Crunch

nytimes.com

2 points by zachh · 1 comment

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mytailorisrich

> another $1 billion to help first-time home buyers find mortgages.

This does not solve the issue, while in fact making housing even less affordable by allowing prices to keep going up.

Stick to encouraging both building more (increase supply) and shifting employees out of Silicon Valley (decrease demand).

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