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How much investment money is simply "transferred" to local landlords in the bay area?

Any ideas how your 'YC cities' thing is going to look?

I shudder to imagine. It's a real problem with the system.

Not yet.

This is also why retail is such a bad investment. As soon as an area is hot, the landlords capture all the value. (And why Kmart became a real estate play rather than retail)

Is YC still looking for contributions towards its New Cities project?

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