Earlier quoted context omitted.
Providing for more people is not the same as creating more total value, and markets do the latter, not the former. PA is the result of market forces, together with democratically elected government, working together to serve a particular segment of the market: rich people who want to live in a low-density area close to both undeveloped land and urban amenities. Yes, this leaves a lot of people on the outside looking…
Realistically, "not everyone" is going to live in Palo Alto, but in any actual market, density would be significantly increased. Some people might actually like that. Others wouldn't. Those people can always sell their houses at hugely, hugely profitable valuations and move to, say, Lakeview, Oregon if they want a small town. I'm not one of those internet libertarians that thinks 'free market' is the answer for any p…
Sure, and the people who want higher density can move to Los Angeles or Seattle or even Oakland if they want to be in the Bay Area. There are plenty of places where development is not as restricted as PA. So I don't see your point. And I don't see how PA is not an "actual market."