Part of the problem and the confusion is this: People have their rent controlled apartments here in SF at a tiny fraction of the "real" market rate. And, so wh

Part of the problem and the confusion is this: People have their rent controlled apartments here in SF at a tiny fraction of the "real" market rate. And, so when they see market rate housing going up (hamstringed by affordability requirements, driving prices even higher), they're seeing market rates that are much much higher than rent controlled rates. This causes them to believe that increasing supply actually increases rents. Here's the distinction: Increasing supply ONLY decreases market rate rents, it does nothing for the below market/rent ceiling prices, at least not until supply can be massively increased to point where it goes below the rent ceiling.