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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
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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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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode