The Bay Area is a perfect example. NIMBYs don't want new construction of anything. They might look the other way if it were luxury construction away from them,

The Bay Area is a perfect example. NIMBYs don't want new construction of anything. They might look the other way if it were luxury construction away from them, but cannot have affordable homes anywhere. The rich from all over the world will continue to be attracted to the area, compete with less well-off people already there who are priced out of the market. This is why there are so many homeless and people living vehicles who cannot afford housing. I make $300k but cannot afford to buy my grandparents' home that is $2.5M now but was $30k in 1968 ($260k in today's money, an order-of-magnitude increase in price. $50k is the average income today but it was $74.5k ($8.6k) in today's money then. That's 3.5x housing/income to 50x.).