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If only the market was working as you think it does. If you remove regulations getting in the way of building faster and denser, I bet you that San Francisco wo
by erispoe 10y ago
If only the market was working as you think it does. If you remove regulations getting in the way of building faster and denser, I bet you that San Francisco would see a construction boom and prices go down significantly over time. Prices are way up precisely because housing is no free market and we created a lot of barriers to new supply. The fact that so many people want to live here despite such crazy prices is a strong indication that there's a lot of demand to live in the city.