Silicon Valley is facing a major housing crisis and San Francisco's state representative, Scott Weiner, has proposed a (very) ambitious bill to allow much more construction. Now, his proposal, SB 827, has the backing of dozens of technology leaders, from Linkedin's Reid Hoffman to Salesforce's Marc Benioff. Regular readers know that I've been very skeptical of past attempts to fix housing, because prior solutions didn't go nearly far enough. Weiner's bill takes this fact seriously and removes zoning restrictions on almost the entire city of San Francisco, Oakland and many smaller suburbs dotting the bay area. But, the support of the state's tech leaders certainly is a major step in getting the ambitious bill ratified.

Source: Forbes January 27, 2018 22:30 UTC