Earlier quoted context omitted.
Which says more about why the real estate market in San Francisco is such a disaster.
Because people keep using valuable space for offices instead of affordable housing? This is exactly why SF sucks to live in. You have to live there to be close to work, but you're in competition with your damn office. Talk about screwing over your employees.
The reality is that the market has determined that, with the limited resources available given current building codes, it is more profitable to build and lease commercial space. I don't know that I would blame the employers so much as the actual existing residents fighting against more dense housing.