Editing Silicon Valley (section)

===Housing===
Silicon Valley has a [[California housing shortage|severe housing shortage]], caused by the market imbalance between jobs created and housing units built: from 2010 to 2015, many more jobs have been created than housing units built. (400,000 jobs, 60,000 housing units)<ref name="WSJ6716">{{cite news |first1=Eliot |last1=Brown |title=Neighbors Clash in Silicon Valley Job growth far outstrips housing, creating an imbalance; San Jose chafes at Santa Clara |url=https://www.wsj.com/articles/neighbors-clash-in-silicon-valley-1465291802 |access-date=June 7, 2016 |work=The Wall Street Journal |date=June 7, 2016 |url-status=live |archive-url=https://web.archive.org/web/20160607105345/http://www.wsj.com/articles/neighbors-clash-in-silicon-valley-1465291802 |archive-date=June 7, 2016}}</ref> This shortage has driven [[Affordable housing in Silicon Valley|home prices extremely high, far out of the range]] of production workers.<ref name=SVWCD233>{{cite book |first1=Glenda |last1=Matthews |title=Silicon Valley, Women, and the California Dream: Gender, Class, and Opportunity in the Twentieth Century |date=November 20, 2002 |publisher=Stanford University Press |location=Stanford, California |isbn=978-0-8047-4796-7 |pages=[https://archive.org/details/siliconvalleywom00matt/page/233 233] |edition=1 |url=https://archive.org/details/siliconvalleywom00matt/page/233 |access-date=January 16, 2015 |url-status=live |archive-url=https://web.archive.org/web/20191027052929/https://archive.org/details/siliconvalleywom00matt/page/233 |archive-date=October 27, 2019}}</ref> As of 2016 a two-bedroom apartment rented for about $2,500 while the median home price was about $1&nbsp;million.<ref name="WSJ6716"/> The ''[[Financial Post]]'' called Silicon Valley the most expensive U.S. housing region.<ref>{{cite news |url=http://business.financialpost.com/personal-finance/mortgages-real-estate/zero-down-on-a-2-million-house-is-no-problem-in-silicon-valleys-scary-market |title=Zero down on a $2 million house is no problem in Silicon Valley's 'weird and scary' real estate market &#124; Financial Post |newspaper=Financial Post |access-date=October 14, 2017 |url-status=live |archive-url=https://web.archive.org/web/20170525002457/http://business.financialpost.com/personal-finance/mortgages-real-estate/zero-down-on-a-2-million-house-is-no-problem-in-silicon-valleys-scary-market |archive-date=May 25, 2017 |date=July 29, 2016}}</ref> [[Homelessness]] is a problem with housing beyond the reach of middle-income residents; there is little [[homeless shelter|shelter space]] other than in San Jose which, as of 2015, was making an effort to develop shelters by renovating old hotels.<ref name=NR121415>{{cite magazine |first1=Monica |last1=Potts |title=Dispossessed in the Land of Dreams: Those left behind by Silicon Valley's technology boom struggle to stay in the place they call home. |url=https://newrepublic.com/article/124476/dispossessed-land-dreams |access-date=December 14, 2015 |magazine=The New Republic |date=December 13, 2015 |quote=A 2013 census showed Santa Clara County having more than 7,000 homeless people, the fifth-highest homeless population per capita in the country and among the highest populations sleeping outside or in unsuitable shelters like vehicles. |url-status=live |archive-url=https://web.archive.org/web/20151214045614/https://newrepublic.com/article/124476/dispossessed-land-dreams |archive-date=December 14, 2015}}</ref>

''[[The Economist]]'' also attributes the high cost of living to the success of the industries in this region. Although, this rift between high and low salaries is driving many residents out who can no longer afford to live there. In the [[San Francisco Bay Area|Bay Area]], the number of residents planning to leave within the next several years has had an increase of 35% since 2016, from 34% to 46%.<ref>{{Cite news |url=https://www.economist.com/briefing/2018/09/01/silicon-valley-is-changing-and-its-lead-over-other-tech-hubs-narrowing |title=Silicon Valley is changing, and its lead over other tech hubs narrowing |newspaper=The Economist |access-date=September 5, 2018 |language=en}}</ref><ref>{{Cite news |url=https://www.economist.com/leaders/2018/08/30/why-startups-are-leaving-silicon-valley |title=Why startups are leaving Silicon Valley |newspaper=The Economist |access-date=September 7, 2018 |language=en}}</ref>