by DanI-S on 9/23/13, 7:42 PM with 1 comments
by PeterisP on 9/24/13, 12:43 AM
With such rent prices, it would be a great, profitable business to build lots of dense residental highrises - and from what I know about SF, they're not allowed to build them, so that's the result.
In any market economy, if you seriously want to restrict number of residences of residents for whatever reason, then the result will be not less migration, but more migration as immigrants still move in but many local people are 'priced out' until they are forced to leave.