There's a shortage of affordable housing in the Silicon Valley area, in case you haven't heard. From HousingWire comes this news:
A 216-unit complex called the Reserve Apartments will be demolished next year to make way for a development of market-rate housing, displacing roughly 670 tenants living in affordable housing. Per The Gaurdian:
According to the article, market-rate housing is replacing the apartments, which will be 4 miles away from Google and 20 miles away from Facebook.
This story is the largest eviction rent-controlled apartments to date, but unfortunately, it’s only the latest sign in a growing problem.