No one in San Francisco is arguing about whether real estate is expensive. There is, however, some debate about how to characterize the astronomical prices. Now that median home values have returned to pre-recession highs, some are compelled to ask: Are we in another housing bubble? Real estate experts Jed Kolko and Tim Cornwell spoke to this question at a recent SPUR forum.

Why not address the Bay Area’s housing crisis — caused by a surge of new jobs without an equivalent increase in new housing — at its source? Alfred Twu’s fantastical renderings imagine Silicon Valley corporate campuses like Google, Apple and Facebook as complete cities, their parking lots packed with enough housing to accommodate their entire workforces.