A wood frame of a house under construction in rural California. (Photo: Joseph Sohm, via Shutterstock)
Wood frame of house under construction, Lone Pine, CAOPINION: When it comes to California’s housing crisis, policy makers have often taken the narrow approach of throwing money at efforts to boost supply of sub-market rate units, with comparatively little focus on the dynamics that are driving demand for low income housing.
A loan document package ready to be signed. (Photo: nik93737 via Shutterstock)OPINION: “Small businesses are the backbone of the economy.” We hear this all the time from elected officials, but the data show it’s much more than a political platitude. California’s four million small businesses employ 50% of the state’s private sector workforce, and accounted for two-thirds of job creation over the last seven years. They lifted us out of the Great Recession. But small business owners still grapple with acute challenges, particularly access to affordable credit.