You're comparing two different solutions, removing rent control & allowing new housing to be built. For the sake of the argument, let's keep the rent-control,

You're comparing two different solutions, removing rent control & allowing new housing to be built. For the sake of the argument, let's keep the rent-control, but let's let developers build new buildings! If they build on a property with rent-controlled units, they have to replace those rent-controlled units in the new building and provide housing for the tenants somewhere else while the building is being built. It's just a supply/demand problem. We should to increase the amount of housing available in SF to lower prices so we can bring in the new generation of creatives, freaks and outcasts. We've got a big hill to climb, and there would be a lot of apartment towers going up, but SF could do it. As far as rent-control goes, there's a moral argument to be made. What makes the person who's already living in SF more deserving of a place to live than the person who wants to move to SF? Rent-control is fundamentally anti-immigrant.