[rmah]

The article's thesis is that building more housing does not reduce wealth inequality. Which makes sense. However, that's not why people are demanding more housing in places like San Francisco. They want more housing so that housing prices and rents will stabilize or decline. This allows people at lower income levels to have better quality of life. They are, of course, still at lower income levels. The article calls this a failure. Others may call it a success.

[tomasien]

Thank you - that was incredibly hard to parse.