[jjav]

> It's economically inefficient for Grandma to continue living in Palo Alto in a $4 million home

Not everything is about economic efficiency and maximizing investments.

For most people a house is not an investment to be maximized, it is home. Particularly for someone elderdly who has lived there most of their life.

[djbebs]

Then why the complaints about high housing prices?

You cant pick and chose what to be outraged about when its those very policies causing the problem