The growth of tech giant Google was documented on our insights feed last month, with the announcement that Sidewalk Labs is bidding for land in Canada, potentially to build a proof of concept smart neighbourhood.
Google is again in the news this week with announcement it will begin building modular homes in California.
Starting with modular apartments for Google employees, it doesn't take much of a leap of faith to consider that this could be the next step for Google into the property sector.
Silicon Valley has been grappling with a severe housing shortage for years and tech companies are increasingly becoming more active in trying to help solve that problem. Late last year Facebook announced that it will spend about $20 million in Menlo Park and East Palo Alto, Calif., two cities that surround its campus, to create a fund to build new housing.
