Well supposedly after all the rich people move into this “utopian” willing there will be more housing left for everyone else?

Yeah right we're a free society in the West are we, so you're free to buy my disused Santa Barbara property or the condo with view onto Central Park that I only saw once after buying it, or sleep under a bridge or whatever. Suit yourself this is a free country.

Nah, in theory you’d buy/rent a house somebody sold to move into slightly nicer one [repeat 5 times] somebody who bought the Central Park condo.

Gentrification for thee but not for free!