Of course. they have enormous mortgages and anything which drags down the absurd value of their home is an ominous threat.

Blaming "fake socialists" or "nimbyism" doesnt change the fact that they are entirely rational actors in an economic system that is rigged to make the wealthy wealthier (e.g. with prop 13).

In fact, it's a clever rhetorical device to conceal the root cause and displace criticism towards the main culprits and, well, you fell for it.