I'm glad that the state government has taken a step in the right direction, but the situation on the ground as you describe it still doesn't sound very friendly. There's enough risks in investment and business (that is, property development) as it is without needing to fight City Hall on top of it.

> Obtaining the necessary land and building permits is still extremely expensive.

Land I understand, since it's of a fixed supply in a highly desired area, but there's no reason why permitting should be so burdensome if policy intent is to foster more building.