After weeks of local speculation, the purchasers of 55,000 acres of northern California land have been revealed. The group Flannery Associates – backed by a cohort of Silicon Valley investors – has quietly purchased $800m worth of agricultural and empty land, the New York Times has reported. Their goal is to build a utopian new town that will offer its thousands of residents reliable public transportation and urban living, all of which would operate using clean energy.

  • @Kage520
    link
    61 year ago

    Oof I didn’t know about this having happened before. I was just looking at Disney building housing and I was a little annoyed they couldn’t just pay their associates enough to live on, rather than this method. I hadn’t considered how bad this could get.

    Even if these companies don’t make their own cities and impose stupid regulations against competition within their fake city, I’m really not looking forward to relying on my job for both healthcare AND housing.