[sAuronas]

You don't need an [overall] "drop" in prices. You need housing prices within a broader range. The other problem is Prop 13, which freezes taxes for the current homeowner, thereby incentivizing the fight against new development. Forget that I mentioned Prop 13 for a second and just imagine cities in the Bay moving mountains (or rather, single-story/use retail) to incentivize the construction of four times as much housing at all price ranges. There is a reason a place like Atlanta is affordable - they build.

How we build is another topic but just focusing on underutilized properties and getting permissions and rights out of the way faster would make a huge difference in the cost - to - build. I come on HN to talk this a lot because I am a developer turned developer and if housing where as easy to build as software...you could drive a bus and not have to sleep in it.