If San Francisco had the zoned capacity of New York I doubt it would have New York rents. SF's population limits give it the appearance of a more sought-after place to live than it is.
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Also, it's impossible to deny that despite having many sui generis issues, the NYC region is much more sustainably built than the Bay Area. Substantially better transit and even the low-density suburbs tend to be higher-density than their Bay Area analogues.
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Replying to @JakeAnbinder
The Bay Area has a natural advantage in the amount of energy needed for climate control, though. Also, I'm not sure about the low-density suburbs thing. census.gov/dataviz/visualiza… is hard to read, but I think it shows pop-weighted density higher in SF at 25-40 miles out.

Jan 13, 2020 · 12:14 AM UTC

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Replying to @davidbaron @JakeAnbinder
I say this (re low density suburbs comparison) because my stereotype of Bay Area suburbs is places with land use like this goo.gl/maps/MjUum5V5WXXp3RWg… (Mountain View, CA) whereas my stereotype of NYC suburbs is places with land use like this goo.gl/maps/NyFpq4PiifL3c1MU… (Rye Brook, NY).
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