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A comment on The Housing Market in San Francisco and Ideas to Fix It. Parent comment
This is roughly the conjecture of Marchetti's constant :https://en.wikipedia.org/wiki/Marchetti%27s_constant
See also induced demand https://en.wikipedia.org/wiki/Induced_demand & https://en.wikipedia.org/wiki/Jevons_paradox
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This is roughly the conjecture of Marchetti's constant :https://en.wikipedia.org/wiki/Marchetti%27s_constant
See also induced demand https://en.wikipedia.org/wiki/Induced_demand & https://en.wikipedia.org/wiki/Jevons_paradox