This is the thing that always gets me. It has been hugely painful for hundreds of thousands of people living in the bay area, for 10-15+ years now. Sure, maybe in 20 years people will give up and prices will go down again. Maybe. But what a pyrrhic victory it will be for the long term landowners who got their way only through imposing hardship on others for 30+ years.

But I guess they just don't care. "I got mine; fuck you" seems to be an attitude prevalent around here.