This drop in income comes at the same time that productivity in the United States is at record highs, the study found. Worse still, many costs are rising: notably Bay Area housing is increasingly unaffordable. In short, most workersregardless of whether they work in the tech sector or notare getting poorer due to venture capital-driven business models that prioritize outlandish returns fueled by low-wage work that captures a given market quickly.
Poster Comment:
A 30 X 28 sq foot house in Sunnyvale, recently sold for $ 2million. And the schools are abysmal.