San Francisco Mayor Applauds Tech Industry as Public Concern About Skyrocketing Rents Grows

San Francisco mayor Ed Lee today pointed to the growth of the technology industry as a major success of his administration, even as anger in the city has mounted over skyrocketing rents and urban congestion worsened by the fleet of private buses that take workers to and from the campuses of the largest technology companies in Silicon Valley.

San Francisco mayor Ed Lee today pointed to the growth of the technology industry as a major success of his administration, even as anger in the city has mounted over skyrocketing rents and urban congestion worsened by the fleet of private buses that take workers to and from the campuses of the largest technology companies in Silicon Valley.

San Francisco, with a population of 800,000, is home to more than 1,800 technology businesses that employ 42,000 employees, Lee said.

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