Comment by Decade

5 years. How cute. Prop 13, a law with horrific long-term consequences, was passed by the voters in response to the housing crisis. 40 years ago.

http://www.latimes.com/projects/la-pol-ca-housing-supply/

San Francisco rents have sometimes gone down slightly, but they never returned to sane levels, and affordable housing for the poor hasn’t been abundant in many, many years.