“You have to ask what the end game is here — when 25 percent of Palo Alto homes are sold to overseas buyers as investments while the mainland Chinese property market tanks, when Palo Alto schools are known for their suicide rates as much as their academics, when the city that gave birth to the technology industry now can’t even house startups because of its sky-high commercial rents, when Latino and black communities are being wiped from the Western side of the San Francisco Bay Area and Oakland out into the exurbs of the East only to be called back by smartphone to deliver laundry or drive people around.”
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