The bill will likely make single family residences more expensive. Since single family residences will now compete for multifamily, and multifamily uses land s

The bill will likely make single family residences more expensive. Since single family residences will now compete for multifamily, and multifamily uses land so much more efficiently, multifamily development will be able to outbid single family construction. Not that this is a problem. The goal of housing policy is to house people, not give a certain fraction of the population exactly what they want and telling everyone else ‘sucks to be you, I got mine’