This suburb of 4,400 people 15 minutes south of SF wants no housing on a 660 acre site.https://twitter.com/BrisbaneBayland/status/743913008108183552 …
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no (but yes). Corporation would develop whole city, citizens as shareholders/owners/payees.
point is to provide incentive for voters to turn their cities into a giant development & appeal to selfishness & greed
you're describing the Singaporean/HK system of land tenure with 100 year leases. Problems include cost of acquiring...
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