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The Hustle Daily Show

Why tech billionaires are buying up California farmland

Jul 14, 2024
New York Times reporter Conor Dougherty joins the show to discuss Silicon Valley billionaires buying up California farmland, leading to the displacement of farmers. The episode covers the controversies, land acquisition process, community decisions, and future plans regarding the California Forever project.
27:21

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Tech billionaires buying farmland for housing developments displaces farmers in Solano County.
  • California Forever's ambitious urban development project in rural Solano County faces resistance and legal battles.

Deep dives

Jan Sramik and the Origin of California Forever Project

Jan Sramik, the head of California Forever, hails from the Czech Republic with a background that blends finance and startups. His journey led him to Eastern Solano County, where he envisioned building a new city. By quietly purchasing vast amounts of rural land through Flannery Associates, he embarked on an ambitious development project that stirred controversy and legal battles.

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