Keep in mind that "preserving neighborhood character" is likely a way to cover up voting against new construction by existing landlords in an attempt to keep th

Keep in mind that "preserving neighborhood character" is likely a way to cover up voting against new construction by existing landlords in an attempt to keep their net worth rising with each year by restricting supply. Artificial supply restriction leads to prices going up in desirable areas. Of course there is going to be a breaking point at which the area is no longer desirable, but I don't think we're anywhere near that in SF despite what they doomsayers like to claim in 2020. Wouldn't you vote the same way if you could make one of your biggest assets beat the market consistently every year? It's the usual tragedy of the commons.