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

Are you Silicon Valley Poor?

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]