The problem in SF is there is no middle class or family housing being built. All these fancy new buildings going up are high margin 4k/mo rent and some percenta

The problem in SF is there is no middle class or family housing being built. All these fancy new buildings going up are high margin 4k/mo rent and some percentage of section 8. There's nothing going up even in the range of 1800-2800 1 or 2BR places. What would probably be reasonable is 1400/mo studio, 2000/mo 1BR, 2800/mo 2BR. What would be ideal is more like 1200/mo, 1700/mo, 2400/mo respectively. Yeah, that's still expensive, but it's a newer building and hopefully older buildings would be around 80% of that. But that's not going to happen. Some additional policies like penalizing companies for letting new places be unrented for some amount of time, or allowing developers to (temporarily) displace SRO occupants while they demolish and rebuild higher density buildings in the Tenderloin could possibly help change behaviors towards increasing the supply of more modest housing, but that's not going to happen any time soon. In the meantime, the city is fine letting people do what they want at top as long as it benefits the people at the bottom, with no plans to do anything for people in between.