Comment by tmh79

The real story here is how the political conditions of the SFBA have prevented growth of the housing supply. The sad reality is that housing here is now a zero sum game, and any broad based increase in wages would pretty quickly be captured by landlords. The real solution to this issue is not higher wages, but targeted efforts to decrease the cost of living through building a ton of of "missing middle" housing like 4-plexes near office space in the sea of land populated by single family home zoning as well as renters protections (rent control and eviction protection) ADUs ("accessory dwelling unit": stand alone units in peoples garages or back yards) and likely some for of social housing subsidy for the worst off among us.