Group Flannery Associates, backed by prominent investors, quietly buy 55,000 acres of farmland in northern California
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.
That's not even limited by taxes, it's limited by 4 fucking companies owning most of the tracks, and them being given free reign to run freight as shittily as possible, not maintain the tracks unless actively forced to, and giving precisely 0 fucks about passenger service.
The US likely cannot fix its rail issue without nationalizing the rail system. As a country, it has yet to admit that there are some many problems capitalism a) does not fix and b) actively makes worse.