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

Are you Silicon Valley Poor?
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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]