I want to agree but I’m not sure landlords are exactly to blame for high rent. There are many people and players involved-like the willingness of people to pay so much of their income to housing. Part of why you can’t find a better deal is everyone else willing to take the higher price.
I think it's only faulty because it's incomplete, but the demand side is a real factor. There are tons of discussions here and elsewhere trying to figure out how to "recreate Silicon Valley elsewhere" (which would theoretically spread the demand across a much larger area).
Another end is making it more difficult to flip real estate as a career. But that’s at the buy instead of rent demand side-but they’re totally related and affect each other.
No times been better than post-covid for a desire to branch SV outward. My two cents would be looking at how to employ the people outside SV. Like is it noise about quality of their education or abilities? Not being able to interact with them locally?
I had this thought recently to make a programming “agency”. How to structure an organization that actually works on a programming task comparably to how a 1-3 person team would, but regardless of program complexity. Wonder if this and hiring people to WFH are compatible.
If that were the end of it, I'd agree. Except for the massive amounts of NIMBYism strangling the market by preventing new supply from entering the market to meet the demand.
