The Bay Area’s building boom is coming to an end. It could be years before housing production climbs back

This summer, developer Andy Ball expects to finish construction on a 19-story tower in downtown Oakland. If he had it his way, he’d also be breaking ground on two other buildings nearby — a 27-story apartment complex just next door and a mid-rise on Piedmont Avenue.

But as it happens, this project could be his last for a while.

Cranes are coming down in Oakland and across the Bay Area as developers contend with an unfortunate intersection of high interest rates and stagnant rents...