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by thorwasdfasdf 2610 days ago
Yes, but to be more precise, what's scarce is property near jobs. Jobs are ultimately what determine who moves where. That's critical for understanding the problem.

CA voters thought they could prevent people from coming here by reducing housing and boy were they ever wrong. It's too bad this lesson took 50 years to play out and awareness is only now slowly starting to arise.

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Palo Alto residents saw this problem and they have opted to limit business growth in their city.

https://sanfrancisco.cbslocal.com/2016/08/30/palo-alto-mayor...