A company called Flannery Associates has been buying up land in Solano County for up to $15,000 per acre, court documents show.

A mystery company backed by Silicon Valley billionaires has purchased tens of thousands of acres of land for more than $800 million to build a new city near San Francisco::A company called Flannery Associates has been buying up land in Solano County for up to $15,000 per acre, court documents show.

  • 𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.oneEnglish
    2·
    1 year ago

    Would be nice, but sadly most real life examples of a walkable, human scale environment are either prohibitively expensive to live in, or inhabited by rich folks ☹️

    Given that this is being bankrolled by them, i’m curious to see what restrictions they’ll apply, if any.

    I wish a company would build and oversaturate the market with walkable, human scale areas, to force prices down across the board… but that’s beyond wishful thinking lol