Silicon firms head for showdown with homeowners over housing bill

California is bracing for a high-profile fight over the state’s housing crisis. It’s a clash that pits Silicon Valley technology executives, who want to cut regulations that make it hard to build multi-story apartment buildings, against existing homeowners and affordable housing advocates. The housing crunch, particularly acute in cities like San Francisco and San Jose, is a problem that the tech industry helped create by attracting well-paid new workers who can outbid long-time residents.

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Source: The Frederick News-Post