I agree, and this makes sense; however, I would think that creating cheaper living for the right kind of people (e.g. aspiring entrepreneurs) would be something

I agree, and this makes sense; however, I would think that creating cheaper living for the right kind of people (e.g. aspiring entrepreneurs) would be something that even the owners of these million dollar houses would be open to given that Palo Alto is the hub of entrepreneurial activity on the peninsula and seems to be something that the community takes pride in.