A recent article about building in Millbrae mentions developer fees of 26k per unit being build. I'm all for deregulation to make it easier to build, but the code compliance and fees are also part of the problem.
From the National Association of Home Builders, it looks like "average" is approximately $9,400 per unit in "fees". Not sure if that's apple to apples with the Bay Area, but in either way that fee just seems kind of crazy.
Rows A-C, summing fees, on the Construction Costs table here: https://www.nahbclassic.org/generic.aspx?genericContentID=24...