Palo Alto May Build Subsidized Housing for Families Who Make $250K - NBC Bay Area
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Palo Alto May Build Subsidized Housing for Families Who Make $250K

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    Despite having one of the highest median salaries in America, Palo Alto may start subsidizing housing for families who make between $150,000-250,000 per year.

    SFGate noted that Palo Alto households have been found to have one of the highest median salaries in the country at $167,408 according to a 2014 report, but the city is considering a proposal to build and contribute to the rental cost of new housing.

    The story has predictably become a hot topic of discussion on Reddit.  

    "As a teacher, I would love to be making $150,000-250,000 per year," wrote one user. "Can I have Bay Area subsidized housing for people making $50-150K/year?"

    "$250K?!? That's only 1 tech income," retorted another. "Poor b******* have nothing left after their Whole Foods groceries." 

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