[erik_seaberg]

I don't know much about Manhattan, but SF is not allowing supply to meet the demand being signaled by absurd prices. Density in the neighborhoods is very low and construction that would increase it is almost never approved.

[illumin8]

The SF bay area is an outlier, and yes, I agree about the restriction of supply problems we face (I live here). But to simply paint all blue states as similar to SF is inaccurate.