I highly doubt this bill would pass without severe modifications. The problem is that we have two groups in population: One who own houses and other who don't. First group don't want new houses and dilute value of their property. Politicans very well knows that making this group unhappy will end their careers. The second group is often in minority outside large cities. This is why its very hard to pass laws that would allow build new houses. It's great that SamA is taking interest in this. If enough valley billionaires can pay for lobbing then politicians can finally ignore their majority constituents and do the "right thing" :).