Microsoft is spending $500 million to offset big tech’s impact on housing (Dave Gershgorn/Quartz)

Dave Gershgorn / Quartz
Microsoft is spending $500 million to offset big tech’s impact on housing – The growth of tech companies typically far outpaces the growth of their home cities; San Francisco and Seattle have seen skyrocketing real estate prices as Microsoft, based just outside of Seattle, announced Jan. 16 that its spending $500 million to offset the lack of affordable housing, as well as combat …