Paragon has been releasing some data lately that suggests a weakening of the high-end market in SF. In particular, it looks like luxury condos are becoming over

Paragon has been releasing some data lately that suggests a weakening of the high-end market in SF. In particular, it looks like luxury condos are becoming overbuilt: http://www.paragon-re.com/Luxury_Homes_Market_Cools_Affordable_Still_Hot http://www.paragon-re.com/Luxury_Homes_Market_Cools_Affordab... It's still early, though. Their March 2016 market report is inconclusive on what's happening with prices. However, this could really put the lie to the people who believe that indiscriminate building is the solution to high rents. Folks are likely to find out that when developers overbuild at the high end, they don't just keep building and let the new units go for a steal -- they stop building entirely.