$2.5 billion?

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That's enough for two or three houses in California - from the Los Angeles Times:

Apple pledges $2.5 billion to address California’s affordable housing problem
Apple said it will direct $2.5 billion toward affordable housing in California, the latest tech giant to pledge money to one of the state’s most pressing problems.

The announcement, made Monday, follows similar big pledges this year from Facebook, Google and Microsoft, which put money toward housing in its home base of Seattle. And it comes amid criticism that tech firms had done too little to ease an affordability crunch that their rapid expansion helped worsen.

Yeah - virtue signalling writ large. Making a grand statement - a promise to DO SOMETHING instead of actually, you know, doing something about the problem.

Apple could move to Detroit - lots of cheap housing there.

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This page contains a single entry by DaveH published on November 4, 2019 10:24 AM.

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