Apple invests in California

This past week apple pledges 2.5 billion dollars to help aid in California's housing crisis. Apple is following suit after other tech giants like google and facebook. These tech giants call California home and were conceived in the golden state and have flourished ever since. However, the housing market has been flourishing in prices at an insane rate. Now in highly competitive areas such as San Francisco and some other parts of the bay area, if prospective home buyers are not willing to pay 20-40% above asking price with cash on-site they will most likely miss their opportunity to buy that property. It does not get any better for renters either, they have been struggling to find affordable housing for years now often because a majority of what is available is far out of their price range. The reason for the insane housing prices is because of the tech giants employees drive up prices due to supply and demand. The demand for housing is very high and the supply is quite low. The tech employees are able and willing to pay but the people who work at the restaurants, gas stations and gyms these wealthy employees go to are now forced to live far away. Other citizens that are getting priced out of the market are forced to live far away and then have to super commute to work. The super commute is a commute longer than 90 minutes. Apple feels a sense of pride from having its roots in Cali but a sense of guilt as well for forcing its community out and is hoping to address the problem it helped create by funding low-income housing and other initiatives to combat the problem.

Comments

NCAA try to save face

The NCAA has finally come with the times and is now acting to "embrace change" by allowing college athletes to be paid for use of their name image and likeness. This is not a new problem and has been talked about and made fun of for years and years. Even the Olympics, the most prestigious sporting event in history, has allowed athletes to participate and sponsored for more than 30 years. So now that athletes in the NCAA will be able to profit what is next. It is agreed upon the school can not and will not directly pay the athlete. But let's say the coach of a team starts a shoe business and signs all his athletes to that shoe brand and any recruits who sign will get a shoe deal as well. Won't that create bad recruiting practices? What do you think

HAHHAHAHAHHHAHAHAHAHAHAH

I have already watched the movie Joker and I personally think it was fantastic and that Joaquim Pheonix deserves to have his rendition put up with the Jack Nicholson and Heath Leadergers joker. The new gritty movie despite its accolades has come under immense scrutiny for the gun violence shown in the movie. Groups of people are claiming it is going to lead to more gun violence or violence in general due to the main character enjoying when he kills people. Normally the antagonist is the one who enjoys hurting or killing people but in this movie, that character is the protagonist and people are believing that is not healthy. People are worried that this will encourage kids to commit more school shootings. My opinion on the matter is people are being stupid. The movie is R rated, its meant for people above the age of 17. Now obviously they can still view the movie if accompanied by an adult which is usually their parent. Which means the parent is enabling and chaperoning them to g...

France and pensions

Recently the president of France, Emmanual Macron, is pushing for a pension reform which he believes will keep France more competitive in the global stage during the 21st century. This has caused mass protests in France with many people going out to the streets. Frances has a current 42 different pension system across all sectors, some advantages of this are that more physically demanding jobs like construction and railway workers can retire earlier than other jobs like lawyers and secretaries. But with this new pension reform, there would be only one pension system across the country. The protests have caused mass shutdowns of schools business and railways because people are going out to protest instead of working https://roguerocket.com/2019/12/05/france-strike/

Jason's current events blog

Search This Blog