That would suggest that it is not worth it for people who are only going to make a small amount of money over minimum income to move to SF, and that they shouldn't.
Alternatively, put a tax on rental income then use that to found more buildings. I am not a fan of taxes, but since rents will always expand they aren't a bad subject to tax.
> That would suggest that it is not worth it for people who are only going to make a small amount of money over minimum income to move to SF
Although, to be fair, it is debatable if most high earners even benefit from the move. It is not like you can't easily make $150,000+ in rural areas as well if you have the developer chops that the Bay Area seeks.
As unfortunate as it may be, poor areas are poor largely because of who lives there and them moving does not change who they are.
Alternatively, put a tax on rental income then use that to found more buildings. I am not a fan of taxes, but since rents will always expand they aren't a bad subject to tax.