While there are reasonable arguments on both sides of the growth&#x2F;zoning&#x2F;etc. debate, I suspect that in the January 2016 economic climate in the Bay area, no reasonably imagined housing expansion would make more than the smallest dent in housing prices.<p>Look at Manhattan. Yes, you can&#x27;t build willy-nilly whatever you want but there&#x27;s certainly plenty of high-rise residential construction and housing prices are still pretty high in desirable areas.