Comment Re:more likely they've been able to live in SF (Score 1) 653
All they did was do a good, useful job, maybe raise a family, contribute to making a good community - in short, all the stuff we'd like Americans to do - and they're priced out through no fault of theirs.
And as they get "priced out" of the market, they will leave their job, either for a higher-wage job in another field or for a similar wage job in a different locale. And the supply of talent for your hypothetical service tech will fall...and the salaries for these techs will rise as demand outstrips supply...and things will balance again in a while.
Left alone to itself, without onerous regulation or price fixing, the free market will *always* establish a new equilibrium when these fluctuations happen. We fuck things up when we try to "fix" something that isn't broken in the first place. Artificial wage controls. Rent controls. They all create more problems than they solve, and all are unsustainable in the long term.