Funneling free money into rent, any way you structure it, will indeed raise prices unless you also build more housing.
Ironically the people fighting the hardest to funnel free money into rent are the same ones fighting the hardest to prevent new housing at all costs, under the delusional theory that "induced demand" means that the law of supply and demand is wrong and the inverse applies.
Ironically the people fighting the hardest to funnel free money into rent are the same ones fighting the hardest to prevent new housing at all costs, under the delusional theory that "induced demand" means that the law of supply and demand is wrong and the inverse applies.
SF's NIMBY progressives are a weird lot.