Why Tech Billionaires Want to Build Their Own City

  Рет қаралды 39,515

The Hustle

The Hustle

12 күн бұрын

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A group of billionaires has proposed building a new city in California’s east Solano County halfway between San Francisco and Sacramento. The project, called the East Solano Plan, would provide affordable housing and jobs to as many as 400k people, and the investors behind it are the founders of some of the world’s biggest tech companies. But why would they go from funding startups to an entire city? The Hustle's Noelle Medina road trips to Solano County to find out.

Пікірлер: 65
@toddkobell4441
@toddkobell4441 10 күн бұрын
It only takes a couple corrupt politicians to turn this around and the investors know that
@Pudentame
@Pudentame 4 күн бұрын
Won't be a city government there. It will be corporate rules like in Blade Runner.
@k439487
@k439487 6 күн бұрын
Affordable? At whose expense?
@koolaidknickers8831
@koolaidknickers8831 3 күн бұрын
affordability is often artificially controlled
@georgepatience4069
@georgepatience4069 5 күн бұрын
The billionaires will buy the politicians to approve the zoning change...and give tax breaks as well as tax dollars from the community and guarantee loans for the developers 🤑
@WS102
@WS102 Күн бұрын
The reason there's no housing there already is because it's windy, uninhabitable, has barely any road access, and it's extremely hot and dry in summer. It's a train wreck in progress. It's not even used as farm land. Leave it as grazing land.
@wolfpack3889
@wolfpack3889 4 күн бұрын
There is so much more that pertains to the story. Is a Solano County resident, mostly a blue-collar County, 95% of the people in Solano County want nothing to do with California Forever/East Solano plan. Yes they have two names so they can put their smoke and mirrors on. They've already lied to our local wildlife foundation by sending them a check with no paperwork and then slapping their name on posters without permission. California forever has multiple lawsuits because they bullied people out of their land. This agriculture land is the green belt for Fairfield and Suisun. This project will also take 30 years and increase the traffic tenfold. The environmental impact would be extremely dangerous. The property that they also built surrounds Travis Air Force Base, which is the a threat to the base and the bass is not happy about it. Solano has a very strong community in California forever. I don't think ever expected the war they're entering.
@Monkeytacular
@Monkeytacular 3 күн бұрын
The land is definitely not agricultural. They grow no crops on it and livestock rarely grazes on it. The development also poses no more threat to Travis than Fairfield (which has already developed some areas right up to the gates). The only area where increased traffic will be noticeable is on HWY 12, but it will probably be expanded to accommodate. In my opinion, this development will breath some fresh air into Solano as it slowly turns into a suburban hellscape. Obviously, these billionaires should have been more transparent about the whole ordeal, but oh well. - Another Solano County resident
@BigShticks
@BigShticks Күн бұрын
@@Monkeytacular You should probably look up the definition of agriculture first & foremost. To say livestock barely grazes the area is an outright fallacy. It sounds as if you’re a casual user of highway 12 which isn’t a put down, but rather a statement of how a cover of a book doesn’t tell the whole story. If you venture off of highway 12 towards Dixon there are numerous cattle ranches, buffalo ranches, lamb ranches & goat ranches. All of which graze the vast majority of the area desired by California forever. The sad part is that generations of farmers will be forced to part with their land & livelihoods in what is shaping up to be one of the largest land grabs in state history. I’m actually curious where all the environmentalist law suits are given that some of the project would encompass parts of the delta estuary.
@axeltech9914
@axeltech9914 3 күн бұрын
We have affordable housing starting from only 1.7million dollars only 😂
@primitivestudio1
@primitivestudio1 Күн бұрын
Forgot to mention the most important issue. It’s next to airforce base
@kahootname
@kahootname 10 күн бұрын
as a californian that actually doesn’t want the major cities here crumbling with trash and homeless, i can tell you the old man made the right decision even if it means current house pricing would go up
@machinmon.
@machinmon. 4 күн бұрын
Ok Boomer
@pannclan
@pannclan 3 күн бұрын
Voting No
@johnthompson7548
@johnthompson7548 2 күн бұрын
It’s a network city ran for the corporation by the corporation.
@jacobmoses3712
@jacobmoses3712 Күн бұрын
When all that land is changed away from farm land, it's gone forever. That's lots of food that is not going to be produced
@Ejk2969
@Ejk2969 Күн бұрын
I fully plan to vote NO. Whether or not this is a China backed plan or not, it is to close to Travis, and they could picked any other land in the area as all that area is farmland, so I dont believe it.
@tswtx
@tswtx 9 күн бұрын
What's the point of owning land if you can't use it as you wish? Property rights should be protected, not infringed upon.
@kyledavidgalan9908
@kyledavidgalan9908 9 күн бұрын
So companies wouldn't be able to build factories next to houses
@butchl.hidalgo1034
@butchl.hidalgo1034 Күн бұрын
@@kyledavidgalan9908 if they paid for it legally with the correct price then they can build anything they want
@amythinks
@amythinks 13 сағат бұрын
@@butchl.hidalgo1034 No, that's not right. Property rights are fine. But zoning laws help protect property owners from having their property devalued by their neighbors.
@Mr._Impala
@Mr._Impala 2 күн бұрын
I will be voting no to this!!!
@H.L.-fj6zd
@H.L.-fj6zd 13 сағат бұрын
Need to help our kids have Careers, Careers, and old people really can’t live in Solano because their housebound. Unless you healthy enough to drive the mass transit system here stinks. We definitely need to do something about upgrading our infrastructure and transportation systems. My daughter has to walk almost 2-miles to catch a bus. I had to drive my three kids to schools for 18-years because our transit system isn’t student friendly.
@H.L.-fj6zd
@H.L.-fj6zd 14 сағат бұрын
It’s long overdue! So many twenties and thirty’s young talented people are stuck in the rut of lousy low paying service and minimum wage poverty jobs. Our future is not in our past, as a Vietnam 100% Disabled Veteran if we don’t have a car what choices are there?
@amythinks
@amythinks 13 сағат бұрын
Uhhhh, what? It's a terrible plan. Don't buy into the hype.
@GooglePhD
@GooglePhD Күн бұрын
Eesh. Corruption at its finest. I hope they lost it all
@johnnwabuforudemezue1108
@johnnwabuforudemezue1108 9 күн бұрын
Land is so expensive in the US
@HKashaf
@HKashaf Күн бұрын
Just pay three times as much to the county regulators and get the area rezoned. Worse case scenario use it for farming and solar energy.
@pablodiaz5014
@pablodiaz5014 14 минут бұрын
So what are people supposed to eat , if they build on all the farm land
@user-fd1yd3qq4i
@user-fd1yd3qq4i 6 сағат бұрын
Well, you can now have corporations acting as individuals, so with that money and influence, they will rezone it.
@robertm3360
@robertm3360 3 сағат бұрын
I am a Solano County resident and voting no. This will expand TAFB and create privatized arms manufacturing and housing.
@trangia12
@trangia12 Күн бұрын
We shouldn’t be building homes on farm / grazing lands in California. We will need more food in the future. The billionaires bought this land because it’s the cheapest way to build their new city and make billions more for their investment.
@Psalms20A21
@Psalms20A21 8 күн бұрын
Will reap what is sown... Read the Biblical s Story of evil Jezebel & her weak husband who wanted another man's land. Read The Biblical Authority of Heaven, The 10 Commandments on stealing & coveting 📜 ✅️Will Share!
@kristianmorris9738
@kristianmorris9738 8 сағат бұрын
Rezoning is just a matter of paying off the right government officials.
@nadernasrollah6579
@nadernasrollah6579 19 сағат бұрын
All I know there are gonna bring more problem and traffics and hassles for the people they live in Salona county this is the reality they’re gonna make billions and we are the one we have to dealing with the problems and struggle
@lizandryan1027
@lizandryan1027 Күн бұрын
15 minute city?🤔
@Choxchip63
@Choxchip63 10 күн бұрын
I swear you cant have nothing
@DaveBeSalty
@DaveBeSalty Күн бұрын
Why waste time gentrifying Vallejo when you can just build a utopia for the rich from scratch.
@kelvinw.1384
@kelvinw.1384 9 күн бұрын
Note thus "looks rural" but its actually not really. Itß right next store to Napa. On the bay just north of San francisco and between Sacramento
@joshJ.
@joshJ. Күн бұрын
You think you can make it “wine country”
@amythinks
@amythinks 13 сағат бұрын
No, it's undeveloped land. It's about 40 minutes from Napa as in the city of Napa. County line is a bit closer.
@aquahero
@aquahero 9 күн бұрын
Free market
@georgepatience4069
@georgepatience4069 5 күн бұрын
Free if you can afford it 😂
@suzizuki
@suzizuki 7 күн бұрын
they will sell it to chinese farmers
@get2dachoppa249
@get2dachoppa249 10 күн бұрын
You don’t get to be a billionaire by worrying about people feelings.
@tswtx
@tswtx 9 күн бұрын
You get to be a billionaire in most cases by offering people goods and services they desire, or by investing in entrepreneurs who create businesses giving consumers goods and services they desire.
@amythinks
@amythinks 13 сағат бұрын
I'm voting NO! There are not enough roads, not enough infrastructure to support it. They play it up like this will help solve Bay Area's housing crisis. BS. The poor policies of the Bay Area created the housing crisis. It's not on innocent Solano County to fix it. We are in the Bay Area but not of the Bay Area. And we like it that way. And it's all marketing. The investors just want to score a big pile of cash. No thanks.
@rockymini625
@rockymini625 16 сағат бұрын
Yeah, right everybody’s getting paid off right and left priceless farmland, world, renown, plowed under, and cement put on for a lousy cheap city…
@blacksand6368
@blacksand6368 3 күн бұрын
We always have so old guy saying, “No”.
@CryptoOWL88
@CryptoOWL88 Күн бұрын
what r u going to do with the Mexicans and Dark lives matter?
@wheeler71
@wheeler71 8 күн бұрын
👎🙏🇺🇸
@user-lp1pd4ec5d
@user-lp1pd4ec5d 5 күн бұрын
Smoke and mirrors or not, you probably won’t see it
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