As an insider (resident), that's the "solution" if you only look at 1 variable in this huge equation.

I think we should ask why people still want to live here when it costs so much. Yes jobs are part of it. But the other fact is that 30 story apartment complexes have negative externalities. Unique, historical victorians are part of what makes this city special (and parks), and if we let them be replaced with apartment complexes it'd destroy a piece of this city's appeal.