[tathougies]

Do you think contractor costs and material costs are going down?

[Jweb_Guru]

Do you think they are going up faster than rents in SF have?

[tathougies]

Perhaps... I don't know. Thats why I asked.

[Jweb_Guru]

No. They haven't.

[tathougies]

According to https://www.sfchronicle.com/business/article/San-Francisco-p..., construction costs in SF rose 5% last year (2018). Also according to the SF chronicle (https://www.sfchronicle.com/business/networth/article/After-...), rents increased 3.7% year over year.

According to https://www.curbed.com/2018/12/17/18144657/construction-home..., San Francisco's high construction cost is mainly driven by the high cost of construction labor. It is disproportionately driven by labor cost when compared to all other cities.

So we have some data now, rather than just pithy statements, and I don't think it agrees with what you want.