What's stopping a rich person from buying like 5000 acres, building a town, and then renting out space to people to live in?
Let them build shops, etc. etc. you'd be like a medieval lord. The only thing is you wouldn't be able to pass laws. I wonder how profitable it would be?
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Also, if you allowed them to start their own business on your land, is that possible and could you demand to get a cut of the profits?
I suspect there would be some fairly major logistical and legal roadblocks, but I really want to get rich enough to try this now.
The state government would come raining down on you and force you to hold elections, have city officials, open schools, pave roads, etc.
There is no reason for a private person to build infrastructure and a whole city when people are willing to pay for it through property taxes already. For your plan to work, the rent for everything would have to be astronomical to make up for the cost of building the infrastructure, and no one would move there.
Like a shopping mall or apartment building but bigger?
Already been done. Read about boom towns, mining towns and what Carnegie did.
I wanted to make a small town beside an already fairly major area that no one is looking at. I would install basic shit like a starbucks, some houses, etc... but the main factor would be 0 taxes on anyone bringing businesses and free 1gig internet.
Then after a few years when all the faggots come in and more people want to move in, I jack up the housing prices and sell it all. Making the next San Francisco. I then hire some goons to burn the city down and I re-buy for 1/3 of original price.
With that money I buy my own private army and whatnot but it's too long to get into here.
you wouldn't get your money back for like 30 years
Lex is that you?
Pioneers already did this.