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It would be interesting to revisit this experiment. There was recent news of the purchase of a large area of land on the outskirts of the SF Bay Area to build a "new kind of city", but the info on it is sparse: https://www.sfchronicle.com/bayarea/article/solano-fairfield...

The OP touches on important details to consider (the socialistic ones) -- who owns what and how do you make it so that everyone can thrive.

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I can't imagine any new development not being prohibitively expensive.

What would that mean in this context? In the Bay Area it’s very easy to sell a single-family home for $3 million.

I imagine that trying to incorporate a new community and starting with a clean zoning code would reduce some costs, but there are still major concerns around the incentives. That private project sounds more like a company town attempt than what this piece describes.

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