You've got a fair grasp of what's going on, but this is crap:
a) Repeal prop 13, rent control, the below-market-rate program and all the other government meddling.
You'd think in this day and age people would think two or three
times before going with laissez-faire free market "solutions",
but there's a lot of you guys around at this point...
The trouble with these ideas is that whatever they say, people
don't really *want* to leave issues like the character of their
neighborhoods up to the whims of The Market. Rent Control is
essentially a hack to slow down these kinds of changes.
Do you really want to see an unrestricted build out
everywhere through out the Bay Area? Personally I wince every
time I see a construction crane, because I know whatever it is
they're building it's going to suck. Circa 1950 or so, The
Market apparently lost the ability to build anything that isn't a
piece of crap.
BTW, the techcrunch article you liked so much leads up to a
recommendation for a Bay Area regional planning agency
(presumably with the authority to tell Mountain View to shove
their NIMBYism down their throat). It's not at all a plea to get
the government out of the planning business.
(Myself, I think Google should get over that "don't be evil"
business, and hire some of they guys who work for sports teams
shaking down cities to build stadiums for them. All Google needs to
do is *hint* that they're thinking about moving to Fremont, and I
think Mountain View would come around.)