At $600 a month, an old FedEx truck has also become a legitimate option for San Francisco renters. So far, three renters from the Bay Area have stayed in the back of the truck’s 96-square-foot refurbished space – which has been decked out with wooden floors and walls, a tiny kitchen and a green couch – since it was put up on Craigslist in January. The reasons are simple: these renters believe it’s better to stay in the “Wagon” than pay the sky-high average rent in San Francisco. [Fortune]
Silicon Valley Is Begging For Wall Street-Style Regulation
ie Cosmetic and lame rules loosely enforced that provide a placebo effect for an industry that Washington doesn't full grasp.