Reading the comments here and elsewhere about this project is so vindicating for me. In cities, NIMBYs will say "why should we build anything here, just move away and build your dream city somewhere else". I knew that there was no way that "somewhere else" would welcome construction of a new city, because there's people living out in the boonies everywhere. Those people moved to the middle of nowhere because they wan…
What I don't quite get is how government of this city is being planned. Right now, it's basically Disney world, a huge privately owned development project. Will this eventually become a municipality of its own or are they planning to build a completely privately-owned city? (Not from the US though, so I might be missing some details on how local government works in California) Also yes, social housing, walkable neigh…
With a 100% private development, you can have a land value tax - it's legal if you just call it rent, and you can increase it however much you want (at most it's capped to 5% + inflation, a lot higher than the 2% (not inflation adjusted) cap for property tax increases).
And no, this won't be social housing. NIMBYs will say they want social housing, but they won't vote in taxes to pay for it (in CA, every tax increase must pass in a ballot referendum), nor do they actually want it built anywhere, either. Because only private money is being used for this development, it will mostly be market-rate housing, and that's fine. Or most likely, it will be nothing, since rural NIMBYs will block it.