Policymakers have set it up as a zero-sum game precisely to address structural inequality: to prevent tech workers from ruining everyone else's lives.

Viewing preexisting homeowners here as unfairly advantaged (rather than unfairly disadvantaged by the influx of people with higher incomes than them) is a fringe position that only works on HN. I think it's correct, but it's not going to win a Board of Supervisors election.