…here’s who you lose: Teachers, firefighters, teachers, and other middle-class workers. From Nathan Heller, at The New Yorker:
The quandary became flagrant last week: news circulated that the Palo Alto City Council had moved to explore subsidized housing for families earning between a hundred and fifty thousand and two hundred and fifty thousand dollars a year.
The proposal, advanced by Palo Alto’s vice-mayor, travelled far and wide because the numbers seemed preposterous. In much of the country, two hundred and fifty thousand dollars a year qualifies as wealth. The subsidized-housing idea has an eye to public employees—government officials, teachers, firefighters—and would be part of a constellation of housing efforts that the council has launched to build units in Palo Alto’s downtown, near its transit hubs.
Whoa! This while CA is debating over raising minimum wage to $15/hr?
Palo Alto? Isn’t that where Terry Castle went to shake hands with The Hildebeest?
Dispossessed in the Land of Dreams.
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