I’m with perry on the materials and labor costs not increasing. It is supply and demand like everything else, even months ago large builders renegotiated up to 20% reductions from sub contractors and for the most part the subs agreed. The talk about dealing with illegal aliens is just that, talk. There are twice as many in California now than in the 1990’s, labor costs will stay flat or go down in the next two years because the construction work force swelled to meet demand in the last five years, it doesn’t contract quickly.
