SAN JOSE, Calif. — Rizi Manzon lives in the heart of Silicon Valley, in a modest-looking neighborhood of garden apartments and one-story houses on small lots. His own home is five minutes from Apple’s headquarters in what is, by some measures, the most expensive housing market in the country. Mr. Manzon, 38, is getting this bargain only because his employer, the Santa Clara Unified School District, owns his apartment complex and rents to its teachers at below-market rates. It is an uncommon arrangement that is starting to catch on elsewhere as school employees, like other middle-income workers, say they cannot afford to live comfortably in regions awash in tech dollars. It is just one of several radical solutions for struggling educators in the nation’s economic boom towns.
Source: New York Times January 04, 2019 09:56 UTC