January 8, 2016
The median home value in San Jose has reached $922,100, which represents five times that of the national overall value, according to Zillow.com. It is even 20 percent higher than the nation’s second highest market in San Francisco.
As prices continue to skyrocket, concern is growing over how tech companies will be able to attract and retain top talent, when housing is becoming progressively unaffordable. The president of the Silicon Valley’s Leadership Group says, “It’s an increasingly challenging phenomenon,” as executives in the region cite rising home prices as their biggest impediment to recruitment.
Connect Silicon Valley will address concerns such as this one on February 9th at the Glass House in San Jose. For more information, follow the jump and register by January 15th to receive early bird pricing.