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.

  • roguetrick@kbin.social
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    1 year ago

    Just a bunch of rich fucks trying to con other rich fucks and hope to leave whoever is holding their junk bonds in the lurch.