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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (781483)	4/24/2014 1:11:05 PM
From: tejek	Read Replies (1) \| Respond to of 1579125

The amount of land in San Francisco is finite. Also the city is very dense already. That's all true, but it doesn't change the fact that development controls and rent control reduce the amount of available housing units. Even if there were no controls in place, rents would still be expensive. The supply of land is finite, the demand for housing units inelastic......meaning the relationship between the amount of land and the amount of housing demand is out of whack. Has been for decades. You build a better mousetrap, you catch more mice. That's whats happening in SF.