NicknamesAreStupid writes: As a follow-up to [last week’s story about a large homeless encampment growing on the site Apple earmarked for its North San Jose campus], Apple appears to be using the promise of building affordable homes as a part of moving the current homeless encampment out. [According to Patently Apple, “Apple is preparing construction activities at its huge north San Jose office campus, a move that could bring thousands of jobs to the mixed-use tech hub.” The company says it “would spend millions to reach out to and relocate residents of a homeless encampment that has formed on the company’s land.” Specific plans and details have yet to be released.]
This raises the question: will companies revert to a new form of “company town” used by the coal and oil companies during the 20th century? Instead of villages in remote locations, will tech companies build urban islands of homes for employees, effectively subsidizing their housing in a manner similar to subsidized healthcare of the mid-twentieth century? Of course, the catch is that if you leave the company, you lose your home.
Read more of this story at Slashdot.