I read through part of the Prop C text and I'm not convinced it's taking the right approach. The biggest problem with housing in this city is one of supply. The

I read through part of the Prop C text and I'm not convinced it's taking the right approach. The biggest problem with housing in this city is one of supply. The proposition does say that the money can be used for construction of housing, but that's just one option among many, and so the fund would be perfectly justified in constructing zero housing and instead simply trying to "acquire" more housing. Hell, it can even just be used to operate existing housing without even increasing the housing supply at all, or could be blown entirely on short-term rental subsidies. Trying to acquire more low-income housing without increasing the overall housing supply is not a good idea. That's just going to make the overall housing market even worse, not to mention it will be quite expensive. I would be much happier if this proposition explicitly set aside money to be used for construction of new housing.