Palo Alto Pities Those Trying To Make Do On Just A Quarter Mil A Year
Please don't make them live in San Jose.
If it doesn’t, who will teach Mark Zuckerberg’s kids or put out fires in Sergey Brin’s garage? (The best private-school teachers in the world and the specialized robots charged with keeping Sergey safe, of course, but the point is made!)
The city council has voted to study a housing proposal that would essentially subsidize new housing for what qualifies as middle-class nowadays, families making from $150,000 to $250,000 a year….
“Prices have just gone through the roof, making it unaffordable for middle-class people, your firefighters, your teachers, and, frankly, some of your doctors,” Palo Alto Vice Mayor Greg Scharff said.
$250K Per Year Salary Could Qualify For Subsidized Housing Under Palo Alto Proposal [CBS SF Bay Area]