Seems like it could work. Nonsense local policies to encourage "affordable" housing like inclusionary zoning have been huge failures. In big cities, we just need way more housing. Yet NIMBYs fight it at every step, esp in SF.
Local policies actually make a lot of sense in most places, as most places have unique concerns. In Madison Wisconsin there were, for a long time, policies that tended to discourage building on the main east-side thoroughfare. Over time, no one really remembered why those policies, some of which one might construe as "inclusionary zoning", were in place. So we jumped on the urban development bandwagon. We were "All I…
[0]: https://en.wikipedia.org/wiki/Wikipedia:Chesterton%27s_fence