you don't have the laws of supply and demand right. Bay Area added 500K jobs, 65K housing units
not in the 1,900-3,500 units SF builds a year. http://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html …
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If you don't add capacity for growing pop you just divert more $ returns to property owners
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+ under the present system w/ Prop. 13, affordable units are financed through MR units.
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