Rapidly escalating construction costs plus certain infeasible inclusionary policy promoted by a certain mayoral candidate mean proposals for new housing in SF have reached a 6-year-low:http://www.socketsite.com/archives/2018/05/proposed-development-in-san-francisco-tracking-a-six-year-low.html …
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super interesting... the analysis says construction industry labor capacity is down but real wages are ~flat since 2000. yet i keep hearing that housing construction costs are up significantly with labor costs being a prime culprit. does not compute.
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yeah.
@FactChecker23 or@RevClown might have some thoughts on that. - 21 more replies
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