Hasn't SF been going through boom and bust cycles since 1849? A gold rush begins, starry-eyed people move in with big dreams, most don't make it and have to lea

Hasn't SF been going through boom and bust cycles since 1849? A gold rush begins, starry-eyed people move in with big dreams, most don't make it and have to leave, a few lock in real estate and get to rent seek the next batch of space cadets. Rinse and repeat.