It has to happen eventually. As long as there is economic activity, there will be jobs hiring the best talent from around the world, spurs more economic activity, etc. That's just not going to change, demand will continue, so cities really need to get rid of zoning for height so supply could be built near the job centers. The alternative is sprawl, which means people need to be transported, consuming resources, etc. Infrastructure is also all the more difficult to build out over sprawl. In particular for California, adding to the sprawl could also mean building into wildfire prone areas.