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Billionaires, Urban Development, and Global Trends
This chapter examines the controversial influence of billionaires on urban development and zoning laws, likening their approaches to undemocratic practices. It explores ambitious city-building initiatives worldwide, focusing on Indonesia's new capital and sustainable projects in Hong Kong and Saudi Arabia, while addressing the risks associated with such endeavors. The discussion emphasizes the urgent need for radical policy changes in American cities to tackle housing shortages and the impact of wealthy individuals on public resources.
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