From the San Francisoc Chronicle on the high rise developments in the SOMA & South Beach neighborhoods
Finally some quotes from general media sources that are catching up to what I've been saying for a while now. This from the above article:
"So far, the San Francisco new condo sales, for the most part, have been sheltered from the kinds of decline other segments of the Bay Area housing market have seen. At the highest end, the market is an island governed by its own set of rules with buyers who have few financial constraints or in some cases are shopping for their second or third home."