Bingo, the most important question that is not being discussed.
This whole discussion is a social class issue. The folks there have defined their upper class and they actively don't want lower class people there.
Otherwise, if you insist on hyperinflation of tech salaries and hyperinflation of property prices, there's no reason not to glorify a similar hyperinflation in teachers salaries or a hyperinflation in social worker salaries. But no, there's agony and terror that a lower class human might soil our pristine streets if we paid them a living wage...
Have you considered that it's simply a case where an unprivileged group is unhappy with being denied access to a good or service available to a privileged group?
I don't know anyone who wants to push out "lower class" people. I do know lots of people who want to live in a San Francisco where everyone can afford rent. Everyone includes programmers, teachers, social workers, and dishwashers.
This whole discussion is a social class issue. The folks there have defined their upper class and they actively don't want lower class people there.
Otherwise, if you insist on hyperinflation of tech salaries and hyperinflation of property prices, there's no reason not to glorify a similar hyperinflation in teachers salaries or a hyperinflation in social worker salaries. But no, there's agony and terror that a lower class human might soil our pristine streets if we paid them a living wage...