He may be doing that, but he is not alone: the government has spent the past 8 or so decades trying to conflate the two in everyone's mind, and at this point, t

He may be doing that, but he is not alone: the government has spent the past 8 or so decades trying to conflate the two in everyone's mind, and at this point, the only way to keep that up is to make housing into a de-facto collectible by strictly limiting its supply. This means that all those terribly high housing costs in SF are mostly economic rent, which is not productive and also tends to increase inequality. But that's not a problem caused by billionaire business owners, for the most part. It's caused by upper middle class worries about their speculative investment and the schools their children would go to, and the resulting regulatory capture.