The data is nationwide. But California proves this NOT to be the case.<p>Sunnyvale&#x2F;Mountain View have experienced 4 years of building new housing without limits, yet every year is more expensive. The new units (rental or for sale) are way higher than the average rent or price. (e.g. ALL the new housing being built now in the peninsula is priced at $1MM or more)  I fail to see the point of pushing for new  unregulated housing here besides saying in 30+ years the middle class will move to housing built for the rich now. Sure... In 30 years the middle class won&#x27;t exist. (and in SV I give it 12-15 years)