Unsolicited advice: remove the word "fair" from your understanding of economic transactions. Think in terms of incentives, bargaining power, and BATNA. My gues

Unsolicited advice: remove the word "fair" from your understanding of economic transactions. Think in terms of incentives, bargaining power, and BATNA. My guess is that with all the whining CEOs in the Bay Area do about "how hard it is to find talent", this is the start of a long-term trend. Rents in the Bay Area have gone up about 10%/year for the last five years running (anecdote: my room cost 850/month five years ago, I moved out when it hit 1300/month) and with the new "Affordable housing" mandates (which the SF electorate voted for) coming into play, pretty much all construction is going to stop, because the economics of cross-subsidizing 1/3 of units (the new requirement) with the other two is pushing the unsubsidized units out of reach for all but the highest income-earners. This place is mortgaging its future, and people are right to want out. Source: http://www.sfhac.org/real-numbers-behind-prop-c/ http://www.sfhac.org/real-numbers-behind-prop-c/