A properly functioning housing market is a way to incentivise housing construction.
> Also, as a rent-controlled renter, I'd love more housing to be built near me. I don't think I've ever met any renters who feel otherwise. Most of the actual NIMBYs seem to be owners, not renters. As for how would they know that more housing is needed? Um, by reading the news and talking to people? It's a constant topic of conversation in SF.
Everyone talks a good game about supporting more homebuilding, yet somehow SF never builds any homes.