“San Francisco’s high prices are due not only to population growth, but a regulatory climate that prevents housing supply from meeting new demand. These include zoning laws that outlaw higher densities, historic preservation overlays, rent control laws that benefit select households while raising prices overall, and environmental laws that slow the construction approval process. Additional zoning laws throughout Silicon Valley inhibit suburban growth, namely in areas around the tech campuses where new housing is most needed.”
— Scott Beyer, writing on Forbes.com
