The real issue is a systems issue caused by an artificially induced shortage of housing caused by "rent seeking" (politics that induce artificial shortages) thr

The real issue is a systems issue caused by an artificially induced shortage of housing caused by "rent seeking" (politics that induce artificial shortages) through zoning ordinances. While convenient and emotionally satisfying to fingerpoint and blame SV higher incomes for the increased cost of housing, the real cause is the zoning ordinances which help wealthy landowners increase their income not through creativity and wealth creation but through politics. Remove the "rent seeking" political constraints on an efficient housing market and you will go along way towards fixing the problem of people getting displaced by higher rents.