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by nonethewiser
27 days ago
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That's not exactly true. Its possible to bootstrap entire cities successfully. Look at China. In the US, redeveloping Gary Indiana would be a good option for this sort of thing. And I guess some billionaires are trying to do something more greenfield in Solano County, California. "Prime location" is not some static thing. |
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I don’t think this is realistic in already-developed areas where home values may already be very high.
Not aware of the Gary story! Would be curious to see how that’s going and if there’s local support / resistance.