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Why the $1B housing pledges from Facebook and Google aren't as big as they seem

“The power of Google’s announcement was the exaggeration,” former Mountain View Mayor Lenny Siegel told the Business Journal. “They’re taking responsibility for increasing housing, and the fact that it made it look so big made other companies step up. But I don’t take the actual numbers that seriously.” Read More...

Why the $1B housing pledges from Facebook and Google aren’t as big as they seem

“The power of Google’s announcement was the exaggeration,” former Mountain View Mayor Lenny Siegel told the Business Journal. “They’re taking responsibility for increasing housing, and the fact that it made it look so big made other companies step up. But I don’t take the actual numbers that seriously.”

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