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That's what happened when Facebook gave out monthly housing subsidies to employees a few years back, rent increased by exactly the same amount as the subsidies
by jackmodern 10y ago
That's what happened when Facebook gave out monthly housing subsidies to employees a few years back, rent increased by exactly the same amount as the subsidies in the areas that qualified for the subsidy.
- deleted 10y ago[deleted]
- chronic81 10y agoYes but that was a subset of the total Bay area population. My claim holds true also in the case of the entire population. Yes, rent prices in Menlo Park increased by the subsidy amount. As stated by Zuckerberg himself.
- icelancer 10y agoDo you have a link? Sounds fascinating.