Endorsement: No on Proposition 37, a risky $25 billion housing experiment
Proposition 37 on the November ballot is a peculiar mix of philanthropy, tort reform, housing construction, worker protection and Wall Street bond underwriting fees. Presented to voters as a solution to the lack of affordable homes for willing buyers, Prop. 37 aims to encourage developers to build "middle-class" housing and help "middle-class" families buy them without taxpayer assistance.
20 Sep 13:47 · The Fresno Bee