Bus Drivers Working in Silicon Valley Struggle to Afford Rent
From what I see, the spin on this phenomena in this story is incorrect. The real story here isn't the tech companies, its the lack of available housing in the area due to a decades long aversion to building more housing and a huge jobs/housing imbalance amongst almost every city in the SFBA. The real answer is not raising wages to increase competition for a fixed amount of housing, but to increase the amount of housing such that the needs of these workers can be met.