According to https://www.sfchronicle.com/business/article/San-Francisco-passes-New-York-to-become-world-s-13760541.php https://www.sfchronicle.com/business/arti

According to https://www.sfchronicle.com/business/article/San-Francisco-passes-New-York-to-become-world-s-13760541.php 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-lull-Bay-Area-rents-are-rising-again-but-13528213.php 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-homebuilding-housing-costs-renovation-labor 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.