Earlier quoted context omitted.
> it'll only stop when everyone says enough is enough and leaves Or, alternatively, when enough people start voting in politicians who would allow building lots of new homes in central locations. Manhattan has 3.9× the density of San Francisco. At Manhattan density, the City of San Francisco could house 2.5 million more people.
This is such a tiresome argument. Even if you could suddenly build all of the housing required to reduce prices on a short timescale, you'd have to solve the infrastructural problems that come with it (roads and transit), and convince developers to build into a massive loss (i.e. I am a developer, and you expect me to build and finance at today's costs, and pay for it with tomorrow's lower rents). Construction is a s…
Companies only build new offices quickly because they are willing to locate to any new suburb that currently has land. Downtown areas that are already well developed might be more desirable but it takes time to get the land rights. (note they are always re-building something downtown in nearly any city, but it wasn't an overnight thing to decide to do that)