Hardly any renters in San Francisco are market rate renters. Market rate raters are the only ones who directly benefit if the market rate comes down.
* get children
* get grandchildren they want to be close with while their child can’t afford to live next door because of inflated rents caused by housing shortages
* become old and need to live in a building adapted to their needs
*their friends might move away because of high housing costs
Reducing prices solves these problems.