[derstander]

> … how is the Bay Area housing market artificially inflated?

I shouldn’t have an opinion on this because I don’t live in the Bay Area or closely follow its politics, but the most common refrain I see is that policies (e.g., zoning) prevent building more and higher density housing, thus artificially limiting supply.

[marvin]

Artificially constrained supply combined with marginal buyers that earn >$300k/year and 0% interest rates would lead to extremely high prices.

[yieldcrv]

dual income with socioeconomic equals too

[aworks]

The Bay Area is also geographically constrained by water and mountains. This is compared to say a plains city that can greatly expand in all directions e.g. Dallas (?).

[BurningFrog]

That's nowhere near being a real constraint.

It's refusal to allow housing construction all the way down.