I don't know if this kind of comment is appreciated on HN, so I apologize in advance.
Why is rent so high in SF and the Bay Area in general? Can anyone recommend good reading material on this topic?
Why is rent so high in SF and the Bay Area in general? Can anyone recommend good reading material on this topic?
Short version: Supply (housing) is being artificially restrained from being built out (through regulation). While demand (those moving to the area) keeps increasing. Low supply and high demand = higher prices.
Solution: Build more housing.
It's a simple problem, navigating the bureaucracy is the hard part.