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Silicon Valley Waiters to Teachers Left Behind in Housing

California’s Santa Clara County, the heart of Silicon Valley and home to two of the three most valuable companies in the world, has a shortage of almost 54,000 affordable housing units to shelter its lowest-income workers.

The affordable-housing deficit totals almost 669,000 units throughout California as surging rents outpace wage growth for the lowest-level jobs, according to a study to be released today by California Housing Partnership Corp. Six in 10 low-income households in Santa Clara County, where Apple Inc. and Google Inc. are headquartered, spend more than half their take-home pay on rent, according to the San Francisco-based nonprofit.