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Annual report illustrates how the increasing cost of living is impacting residents — and driving them away.
Each year, Joint Venture Silicon Valley, a regional nonprofit think tank, publishes its Silicon Valley Index, a report chock-full of data points attempting to paint a point-in-time portrait of the region.
This year’s data points confirmed a lot of what I’d observed anecdotally in my own circles: Essentials like housing, transportation, food and child care feel more expensive than ever. There’s a widening gap between the haves and the have-nots, more people are leaving for greener pastures, and mental health challenges like anxiety and depression are all too common – especially for people experiencing financial stress. […]
