zlacker

> If the US had had decades of economic stagnation the housing price pressure caused by the beneficiaries of many sectors of the economy NOT stagnating, but instead of booming at more-than-anywhere-else-in-the-world-levels, seen in SF in particular, would be far less.) Look at housing prices in hollowing-out former industrial towns in the Midwest.

But the article isn't wrong though. Zoning things like Tokyo in San Francisco would be a silver bullet to the woes there and it would go a long way to making people feel prosperous. If you live in the bay area, you'll be shocked to see people with quite large net worths, feel like they have nothing because the only place they can afford near their workplace is $1M or more and we're talking about condos here.

>>aprilt+(OP)
Zoning while important isn't a silver bullet. Often cities who change zoning reform realize there is a whole lot of other issues that cause problems. But yes, zoning one of the most important ones.