SAN JOSE — Silicon Valley remains the nation’s leader in tech job creation, but the region’s innovation economy is imperiled by inadequate levels of housing construction, skyrocketing home prices and a migration of residents to other states, according to a report released Thursday.
“The gap between job and housing growth is large and widening,” stated the 2018 report by the Silicon Valley Competitiveness and Innovation Project, which is headed by the San Jose-based Silicon Valley Leadership Group.
Image: Anda Chu/Bay Area News Group A traffic jam on Interstate 880 in the Milpitas area. Silicon Valley remains the nation’s leader in tech job creation, but the region’s innovation economy is imperiled by inadequate levels of housing construction, skyrocketing home prices and a migration of residents to other states.
