HACKER Q&A
📣 fsdjfkaadsfhsd

Why FAANG don't build houses next to the campuses?


There is a Siemensstadt district in Berlin which is built around a Siemens factory, why can't Google do the same? They invest billions into new fancy office spaces, why won't they build apartment complexes next to them and rent to the employees?


  👤 quantified Accepted Answer ✓
Fb claims it will: https://www.businessinsider.com/facebook-building-employee-h...

They’re in a (for the SF peninsula) slightly downscale area. Apple seems not to be, Netflix isn’t. California is hard to build in, though. Don’t know about Amazon, but they don’t seem to need to- RV-dwellers will show up and work without other housing.


👤 akersten
As convenient as it sounds, I'm not sure we're quite ready for the modern resurrection of the Company Town. On a more practical note, my guess is: why would they invest in residential property when people will work for them anyway? It's not their core competency so it makes sense for them to stay out of that market.

👤 drost
> Sorry we're going to have to let you go. Please clear your desk and move out of your apartment by EOD.