Skip to main content

Palo Alto Pities Those Trying To Make Do On Just A Quarter Mil A Year

Are you Silicon Valley Poor?
  • Author:
  • Updated:

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]


Getty Images

Steve Cohen Just Threw His Keys Down A Sewer Grate On 59th and Third

The place is yours if you can fish’em out, basically.

Ken Griffin Tries On, Returns Chicago Apartment

When you own $300 million worth of other real estate, you've got to be picky.


WeWork Comes To Terms With What It Actually Is

The Silicon Valley disruptor/kombucha distributor’s new high priest is, uh, a real-estate executive.

(Google Maps)

Malcolm Forbes’ Lunch Room Sufficiently Unrecognizable To Allow Sale

You’d never guess all of the terrible people and wallcoverings it used to house to look at it today.

When Trying To Have Sex With You, Martin Shkreli Is Not A Total A$$hole

Say what you will, but Martin is by all accounts a charmingly lame Tinderfella.