Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by chopsuey5540 on Saturday September 02, 2023 @06:11AM
(#37360100)
Yes indeed, they are being deceptive to the local community to try to rip them off.
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by ffhhttt on Saturday September 02, 2023 @06:21AM
(#37360152)
I’m not sure that straightforward, the value of the land will only really increase if the project is somewhat successful and the landowners (not necessarily part of the “local community”) expect to be paid the already inflated price without having to take on any risk.
Both sides are just trying to maximize/minimize their gain/cost, introducing some moral angle just seems weird to me.
Especially when any attempt to significantly expand the housing supply (considering the current situation) should surely be viewed as a net positive for the society as a whole?
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by snapplebobapple on Saturday September 02, 2023 @06:27PM
(#37366051)
No, they are being private about their future plans to avoid being ripped off themselves.
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by WeylandYutani on Saturday September 02, 2023 @06:13AM
(#37360105)
Gentrification for me but not for thee.
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by ffhhttt on Saturday September 02, 2023 @06:22AM
(#37360158)
Well supposedly after all the rich people move into this “utopian” willing there will be more housing left for everyone else?
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by DemocracyFTW2 on Saturday September 02, 2023 @07:08AM
(#37360407)
Yeah right we're a free society in the West are we, so you're free to buy my disused Santa Barbara property or the condo with view onto Central Park that I only saw once after buying it, or sleep under a bridge or whatever. Suit yourself this is a free country.
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by ffhhttt on Sunday September 03, 2023 @09:11AM
(#37370131)
Nah, in theory you’d buy/rent a house somebody sold to move into slightly nicer one [repeat 5 times] somebody who bought the Central Park condo.
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by peteradio on Saturday September 02, 2023 @11:16AM
(#37362259)
Gentrification for thee but not for free!
Re:Plan for 55,000-acre utopia dreamed by Silicon Valley eli...
by bee_rider on Saturday September 02, 2023 @09:57AM
(#37361586)
I get that part, I just don’t care about the financial details of how they are buying a community, they are just a boring little side detail. I was commenting on the fact that they are using the language of community engagement, but they are just blatantly buying a town, not engaging with it.
> If you want to join a community, you can just, like, go join it.
Yeah and that works perfectly well if you want to buy a single farm. You negotiate with the seller, you do the contract stuff, you pay, you move in. All good. But that is not what they plan.
It is almost as if you haven’t thought about why they do what they do at all.