An article on HN just a week or two ago argued that allowing more building is one approach, and gave Miami as an example. The old neighborhoods there stay as th

An article on HN just a week or two ago argued that allowing more building is one approach, and gave Miami as an example. The old neighborhoods there stay as they were, while a lot of the new influx of people go to a small set of newly-built hi-rise luxury buildings. I'm sure it's not as simple as that, but it makes sense that if building is very constrained, as in SF, then it increases the pressure and raises prices.