"No true Scotsman"

I was invited to a tent-covered block party in SF by a friend active in politics and the Asian-American scene. I was told that the party was being thrown by a Chinese family that owned something like 30% of SF property. I have no way of verifying this.

My point being that money, in one way or another, caused the housing crisis, and it may not have anything to do with liberal vs conservative, zoning, regulations, or prop 13. SF is an iconic city, and money will always flow there. Meanwhile, virtually everyone I knew in SF was a renter, and most of them were in tech. The only ones I knew who owned had pre-IPO Google money or made it to Google Staff positions.