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Thursday, November 21, 2024

Tech Billionaires Exploit SF ‘Fire Sale’ for Major Land Grab, Plan New City

'It was like a hostile takeover. It was Shakespearian, a 'Game of Thrones' kind of thing... '

(Jacob Bruns, Headline USA) A group of tech billionaires plan to take advantage of dropping real estate prices outside of San Francisco by buying up a massive amount of land in order to create a new city from scratch.

Unlike the land grab taking place during Hawaii’s ongoing and quite literal “fire sale,” the group of billionaires bought up land in Solano County, California, for the cite of their new town after ruining San Francisco with their pro-crime, pro-drug politics, ZeroHedge reported.

Specifically, the group acquired 55,000 acres of land–approximately twice the size of San Francisco–for the price of $800 million. In at least one case where family members who owned property in the target zone refused to sell, the group of Big Tech moguls tried finding related kin who would.

“It was like a hostile takeover,” one family-member rancher told the San Francisco Chronicle. “It was Shakespearian, a Game of Thrones kind of thing.”

According to a New York Times report, the investment group that made the purchase includes the following ultra-rich:

Billionaire venture capitalist Michael Moritz, Reid Hoffman, the LinkedIn co-founder, venture capitalist and Democratic donor; Marc Andreessen and Chris Dixon, investors at the Andreessen Horowitz venture capital firm; Patrick and John Collison, the sibling co-founders of the payments company Stripe; Laurene Powell Jobs, founder of the Emerson Collective; and Nat Friedman and Daniel Gross, entrepreneurs turned investor.

The list includes numerous leftist oligarchs, most of whom have allied openly with Democrats. Reid Hoffman, for example, recently donated $700,000 to President Joe Biden‘s reelection efforts.

Software engineer Marc Andreesson has also gone out of his way to praise COVID czar Anthony Fauci on a routine basis.

The group, which calls itself Flannery Associates, has done something that Glenn Zook, Solano County’s Assessor, has “definitely” never seen before.

“We see a lot of investors. There’s usually a target, a plan, but there doesn’t seem to be that in this case, other than targeting the specific area, which happens to be around the Air Force Base.”

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