No land is plenty, even in markets like bay area, its the schools that are limited commodities. add to that various building restrictions and you have perfect r

No land is plenty, even in markets like bay area, its the schools that are limited commodities. add to that various building restrictions and you have perfect recipe for the mess SV is in. I recall around 2006 Elizabeth warren did a study for most markets in US and found for every single point deviation in school performance there was 2 point deviation in housing cost. translation people are mortgaging themselves to the hilt to get the best opportunities for their kids. commute is the second factor. essentially people extend their commute till they can afford the house/school.