Indeed, that&#x27;s the information that housing prices convey - how badly you want to move into a particular area. The problem is that the current residents of the Bay Area are using this demand to extract economic rents. They&#x27;re even encouraging it: see how much easier it is to bring 10k office jobs to the area than it is to build 10k bedrooms.<p>I&#x27;m fine with limiting the size of the Bay Area, but not as a deliberate maneuver to move wealth from the tech ecosystem to the fortunate landowners in the area.