[pbreit]

I'm confused. $165/sf is very inexpensive ($200k for the 800sf condo with parking). Even $200-300/sf is not bad.

[mahyarm]

He is saying in order to deal with cost overruns that can easily happen, you need to charge $300-$400/sqft

[jrockway]

I mean, in NYC we're talking $1000/sq ft as being inexpensive. People are paying $2000/sq ft to live in flood zones.

[mcguire]

Depends very strongly on where, exactly you are looking.

http://www.visualcapitalist.com/interactive-map-price-per-sq...

[mtanski]

He's talking about LA not SF. Building anything in SF is even whackier then in LA.

[suhastech]

I think he means square feet.