This. The root conflict of interest in the whole bay area housing issue. Existing residents vote on propositions to block new construction that were approved 20

This. The root conflict of interest in the whole bay area housing issue. Existing residents vote on propositions to block new construction that were approved 20 years ago. New residents prop up the region's economic vitality with new industries benefiting existing residents and existing residents further restrict housing supply, further increasing their own home values while preventing new residents from coming in.