California’s housing crisis didn’t build to mountainous proportions quickly or easily, and it won’t be solved that way, either. Given the scale of the problem, the time for modest half measures has surely passed.
Prop. 1 on next week’s ballot represents a better place to start. It would spread $4 billion in new money across a wide variety of existing programs aimed at multifamily housing, development near transit, home loans to veterans and more. Most of it is aimed to benefit low-income…