From the morning Chronicle:
Peebles is part of a growing segment of homeless people who have full-time jobs but can't make ends meet. In the past decade, as tech jobs have boomed in Silicon Valley, so has rent. Average monthly rents for a one-bedroom apartment are $2,186 in San Jose, $2,469 in Oakland and $3,361 in San Francisco, according to research firm Real Answers. Salaries for tech shuttle drivers start at around $2,900 a month - making even modest nearby apartments unaffordable. Instead of moving somewhere cheaper on the outskirts of the Bay Area - hours from their jobs - Peebles and several other tech bus drivers live in their cars.
Peebles is part of a growing segment of homeless people who have full-time jobs but can't make ends meet. In the past decade, as tech jobs have boomed in Silicon Valley, so has rent. Average monthly rents for a one-bedroom apartment are $2,186 in San Jose, $2,469 in Oakland and $3,361 in San Francisco, according to research firm Real Answers. Salaries for tech shuttle drivers start at around $2,900 a month - making even modest nearby apartments unaffordable. Instead of moving somewhere cheaper on the outskirts of the Bay Area - hours from their jobs - Peebles and several other tech bus drivers live in their cars.
posted from Bloggeroid
