Absolutely yes. I live in the Bay Area and we need regulations to overwrite NIMBY's here, like this. Hopefully if this passes in other states it will make it here eventually. There was one up in legislation last year that would allow apartment development in proximity to public transit that managed to get killed politically. Meanwhile my rent is raised $300 in one year by my malevolent corporate landlord. I can't afford to not live with a roomate and I really wish I could.
Yes, my take is that this is a positive. The three big things that are expensive enough to mess people up these days are medical care, housing, and education. And at least part of what's keeping housing expensive is restrictive zoning. So loosening zoning a bit is a good thing.
