Make $250K/year? Palo Alto wants to help pay your rent

 In an incredible move, Palo Alto is considering subsidizing housing for the almost 1%-ers – those making between $150,000 and $250,000 a year. This is how much influence the tech industry has on the city, and this is how out of whack their economy has become as a result. The Resident discusses. Follow The Resident at http://www.twitter.com/TheResident