Facebook to build housing in Silicon Valley for first time

By David IngramSAN FRANCISCO (Reuters) - The shortage of housing in California's Silicon Valley has gotten so severe that Facebook Incon Friday proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters.The growth of Facebook, Alphabet Inc's Googleand other tech companies has strained neighbourhoods in the San Francisco Bay area that were not prepared for an influx of tens of thousands of workers during the past decade.Tech compa