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> A 35 stories building with 1 bed-room condos can host up to 700-1000 persons. I'd bet lots of SF tech developers will opt for a very small high tech condo with amenities (pool, gym, library...) than the crap that is right now.

Sure, but you'll induce demand. As SF prices drop, think of all the people who will move in from (mostly) the East Bay. Prices will drop, but not nearly as much as you think without 100,000 units.

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Well, if prices don't drop, those 100k people will be paying something like a billion a year in rent (and/or condo mortgages,) making it probably one of the most high-return investments possible. There's not really a downside.

That drops rent in the East Bay too so I don’t see the problem. And there’s no way prices in SF don’t drop at all with that’s much construction.

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