For sure. And the reality also is that people can take job offers and/or move to new cities a lot faster than builders can build housing.
I don't think building more is a panacea that would suddenly mean two-bedrooms in Cow Hollow rent for $1,000 in 2017. That said, restricting market rate construction certainly only makes things worse. And building more would help at least a little.
I don't think building more is a panacea that would suddenly mean two-bedrooms in Cow Hollow rent for $1,000 in 2017. That said, restricting market rate construction certainly only makes things worse. And building more would help at least a little.