Housing Crisis

  • How RVs Became Silicon Valley’s Unofficial Housing Solution

    In California, a housing crisis fuels homelessness, forcing thousands into RVs. Tech wealth exacerbates the shortage, leaving many without affordable options. While RVs offer autonomy, informal “vanlord” markets emerge, exploiting renters. Some cities are creating “safe parking sites” as a transitional solution, but demand overwhelms supply. Experts suggest reconsidering RV parks as a component of the housing strategy to provide immediate, safer options while addressing the root cause of insufficient permanent housing.

    5 hours ago
  • 5 Things to Watch Before the Market Opens Friday

    Stock futures are steady as markets anticipate inflation data and potential trade policy shifts. Amazon has surpassed Walmart in revenue, highlighting a changing retail landscape. Meanwhile, AI stocks show signs of stabilization after recent sell-offs, and the housing crisis in Silicon Valley is leading to a rise in RV living. The trend of significant pay bumps from job hopping is also diminishing.

    6 hours ago