[w1ntermute]

> It's reasonably accurate to model the supply of tech workers looking to live in SF as not likely to be meaningfully diminished by new construction, i.e. demand >> condo_size.

Based on what exactly? I don't think you can compare Manhattan to SF in this regard. Manhattan has general appeal and is well-known worldwide, whereas this issue with SF is specifically due to tech workers.

And I am not convinced that there are so many tech workers that you cannot accommodate everyone else as well. They definitely aren't going to be "pushed out of SF" if you allow high rise construction in all parts of the city.