Who can afford it?

Thomas Sowell on limiting the supply of housing in San Franscisco:

The people who vote on the laws which severely restrict building, create costly bureaucratic delays, and impose arbitrary planning commission notions will not have to pay a dime toward the huge costs being imposed on anyone trying to build anything in the San Francisco Bay area. Newcomers get stuck with those costs.

They just don't like middle income people in San Franscisco.Townhall