For those who haven't studied economics: When you restrict the supply of something scarce or the demand for it goes up, the price increases. In this case the "something" is housing. It's essentially illegal to build anything in the bay area which means the supply isn't changing much. But the demand is skyrocketing. Therefore the price is skyrocketing. This would all be fixed very quickly if it was legal to buy some l…
"San Francisco would look like Manhattan within two years." A crowded, hyper-expensive, tourist trap with limited housing that most locals avoid? Good goals. "This would all be fixed very quickly if it was legal to buy some land, demolish what's on there, and build a skyscraper instead." "Economics concerns itself with what actually happens when you incent people though, not what we intend by those incentives." Simpl…
You just described SF.