That. The lack of intensification in some of the most valuable real-estate in the world is absurd. Build up!

Also, while it stinks for people who are already tied into careers, having money flood into your community isn't exactly a bad thing for somebody entrepreneurial. I mean, if the new wealthy folks want to blow that cash locally, there's a lot of money to be made. It's demeaning in a "trickle-down" services sense, but it's cash to be had.