In a first-of-its-kind gesture, Facebook has announced a plan to build a village of 1,500 homes in the U.S. state of Florida, in an effort to address a housing shortage that has sparked tensions between the site and neighboring communities.

Facebook plans to build a village of 1,500 homes in the U.S. state of Florida, in an effort to address a significant shortage of housing units. Facebook is planning a model village with a collection of shops, swimming pools and gardens, as well as a hotel and visitor center, located near its offices in Menlo Park, California, Sky News recently reported.

Facebook said in a statement. Facebook said in a statement that the prices of 200 homes in the village will be 15 percent lower than those offered on the market.

Facebook said in a statement that the prices of 200 homes in the village will be 15 percent lower than those offered on the market. <Facebook has previously tried to solve the issue by providing Internet-enabled buses for its employees along with financial incentives of up to 10,000 dollars. <Years ago, major companies such as Facebook and Google opened offices in Silicon Valley, which drove up real estate prices and rents like crazy. Not only that, the pressure on existing infrastructure in the area has increased and locals have complained that the presence of big companies in the area has made life unbearable.

Local residents have complained about it, saying that the presence of big companies in the area has made life unbearable.