Hacker News Reader

Super interesting study and to further clarify:

"Our point is that a first-order effect of more housing in Silicon Valley is to raise income and welfare of all US workers."

To clarify, the issue is that in the 60's, both cities had much looser zoning and allowed dense housing development. Policy changes in the late 60s and early 70s tightened the zoning/reduced a cities ability to create dense housing.

It goes to show that housing is a national issue that needs national solutions. We need federal legislation.