I tend to bring this up on threads like this, so I apologize if you've heard this before. https://experimental-geography.blogspot.com/2016/05/employment-constr

I tend to bring this up on threads like this, so I apologize if you've heard this before. https://experimental-geography.blogspot.com/2016/05/employment-construction-and-cost-of-san.html https://experimental-geography.blogspot.com/2016/05/employme... Using data going back to 1948 (!) we find: > Overall, [rents] went up 6.6% every year. Today's outrageous prices are exactly in line with the 6.6% trend that began 60 years ago. Fischer concludes: > Building enough housing to roll back prices to the "good old days" is probably not realistic, because the necessary construction rates were never achieved even when planning and zoning were considerably less restrictive than they are now. Building enough to compensate for the growing economy is a somewhat more realistic goal and would keep things from getting worse.