Mikhail Zinshteyn

Why Are So Many Bonds on the California Ballot? Here’s What $44 Billion Would Buy

Your November ballot is welcoming you to make it rain … in bonds.You’ll see an El Nino-sized set of propositions that could flood the housing construction and science research components of the California economy with $44 billion of bond spending if the measures pass.Two of those bond proposals — Proposition 1 for housing and Proposition 38 for immunology research — are the traditional borrow-n...

Oct 30, 2026

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