Apple’s $2.5 billion affordable housing pledge won’t be nearly enough

Tomothy B. Lee for Ars Technica:Apple has pledged $2.5 billion to help address California’s affordable-housing crisis, the company announced on Monday.
These efforts to promote affordable housing are laudable, but corporate initiatives alone are unlikely to solve California’s housing crisis. The Golden State’s fundamental housing problem is that state and local laws simply don’t allow developers to build enough housing to accommodate rising demand.
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