October 15th, 2021



News of the Weird by Chuck Shepherd

By News of the Weird by Chuck Shepherd

Published June 20, 2016

The city council in Palo Alto, California, trying to retain some of its Silicon Valley non-millionaires, proposed a subsidy plan in March to help with steep housing costs. In a town where tiny homes sell for $2 million (and are immediately knocked down and rebuilt), subsidies will be available even to families earning $250,000 a year.

(2) In February, a family court in England reduced the child-support payments from hedge fund financier Christopher Rokos to the mother of his 7-year-old son from the equivalent of about $17,000 a month to about $11,300 -- though that amount includes more than $1,200 a month for "wine" (perhaps, in case the kid is a handful). [KPIX-TV (San Francisco), 3-22-2016] [Bloomberg Business, 3-11-2016]