Amazingly, this SF VC says that it's building more housing that would make housing inaccessible to teachers.https://twitter.com/David_desJ/status/1123686232326905861 …
Value of a home in the Haight, which basically does exactly what you propose in terms of restricting type and cost: $2M. Value of my “luxury condo”: Less than $1M.
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No, by building more housing for tech workers, they stop gentrifying neighborhoods. SF’s refusal to build anything has caused Oakland, for example, to gentrify. Note that the SFBA cities that are the most pro-development are also those with the most vulnerable populations.
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In SF, rich buyers want to buy the “charming” Victorians, not new condos.
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