Zoning is a demand-side control residents use to raise rents and housing prices. Tech is a supply-side control residents use.
In other cities and countries, Tech is a proxy for Immigration -- it could be any industry drawing people in. There's other cities in the US, as well as virtually all of them in Canada, Australia, and New Zealand, where the twin controls of demand-side zoning and supply-side immigration are used to raise housing costs, both sale prices and rents.
In New Zealand, because the largest city, Auckland, and the smaller ones surrounding it make up over half the country's population, this is seen very clearly because the city government and national government are virtually the same thing. Government representatives speak in a wink wink nudge nudge manner, talking about fast-tracking new housing stock in Auckland and controlling immigration, but making sure house owners know they're not serious so they don't lose votes.
So we should blame both demand-side Zoning and supply-side Tech (i.e. Immigration) for housing crises.
In other cities and countries, Tech is a proxy for Immigration -- it could be any industry drawing people in. There's other cities in the US, as well as virtually all of them in Canada, Australia, and New Zealand, where the twin controls of demand-side zoning and supply-side immigration are used to raise housing costs, both sale prices and rents.
In New Zealand, because the largest city, Auckland, and the smaller ones surrounding it make up over half the country's population, this is seen very clearly because the city government and national government are virtually the same thing. Government representatives speak in a wink wink nudge nudge manner, talking about fast-tracking new housing stock in Auckland and controlling immigration, but making sure house owners know they're not serious so they don't lose votes.
So we should blame both demand-side Zoning and supply-side Tech (i.e. Immigration) for housing crises.