Oh- and Mr. economist? San Fran's housing prices aren't sky high because it is a great place to live. They are sky high because insane socialist laws like rent control, anti landlord regulations, "open space" building prohibitions, and other totally whacko envirnomental regs. Wonder why there is no "affordable" housing in San Fran? Becasue a developer would be insane to build any sort of lower income housing is San Fran with the current climate. The only new housing that ever gets built is luxary aparts by developers with the cash and connections to jump through the hoops. Oh- and ask black people in San Fran about how diverse it is. Oh- that's right- there are barely any left as they are being driven out by the busload becasue they can't afford to live in your lilly white (but "progressive") gay wasteland.
Bravo!!! Just try to find an actual poor person in this "progressive paradise" these days. Other than the (white) AIDS sufferers who have spent all their savings and retirement on drugs after enjoying that wonderful San Francisco lifestyle that is now killing them. Liberals just LOVE poor people as long as they don't have to see any!
I actually have friends who moved to New York City from San Francisco because it was cheaper to live there! There hasn't been a new development of single family homes in San Francisco County for something like 15 years.
Not true about no single family developments in SF; there have been quite a few over the last three-four years. I'll note for instance the entire block formerly occupied by Safeway (or Albertsons?) by USF, and there are many other in the South and West sides.