San Francisco’s quotas for affordable-housing units in new construction projects are a major factor making the vast majority of them economically unfeasible, according to a study that strikes at the heart of city housing policy. Even eliminating the quotas would not guarantee that developers would deem new projects profitable enough to undertake, the study shows. “We’re so underwater here, I don’t know what I could be saying to be productive,” said Eric Tao, who reviewed the analysis two weeks ago with fellow members of the Inclusionary Housing Technical Advisory Committee. Based on the study, prepared by a real estate investing firm, “the city should be paying us developers to build housing,” said Tao, managing partner of developer L37 Partners, during the review. “I mean, it’s ridiculous.” Read more at the link in our bio. 📸: @yoshijames