Where Failed Developments Go to Die: The Market’s epic FAIL is affordable…

The Market's epic FAIL is affordable housing's boon: In an effort to offload assets, developers are flipping entitled (and even completed!) market-rate projects to builders of a more affordable ilk in an effort to recoup at least some of their losses as production costs outweigh prices. SF's Bridge Housing is reportedly taking a serious look at several floundering local projects. Guesses, anyone? [SF Business Times]For more stories from Curbed SF, go to sf.curbed.com.

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