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GoogleAndGentrification

797 bytes added, 10:31, 14 December 2017
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<blockquote>"Google and Trammell Crow-controlled affiliate TC Agoge are buying buildings and vacant parcels near Diridon Station and the SAP Center entertainment complex. They have already bought 20 parcels in the Diridon Station area, paying $146 million." Google's annual profit is around $16 Billion</blockquote>
 
==If Silicon Valley is the knowledge work capital of the world, why does it have so many bad jobs? - 2017==
http://www.sacbee.com/opinion/california-forum/article162707983.html
 
<blockquote>"At the top of the economy, according to the Silicon Valley Institute for Regional Studies, are some 335,000 people in highly skilled occupations: professionals (lawyers, doctors, accountants), senior managers and tech employees such as software developers and data scientists. They pull down, on average, more than $120,000 a year. Meanwhile, the fastest growing segment has been at the bottom, among the 438,000 waiters, child-care aides and others who earn about $30,000 a year – less than a living wage." [The median rent for July 2017 on a one-bedroom apartment in San Jose was $2,060]</blockquote>

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