Silicon Valley billionaires revealed plans to build a new city after buying $800 million in land. The land was quietly purchased in Solano County, a rural area near San Francisco and Sacramento. Most of the land purchased is in the southeastern portion of the county, with parcels stretching from Fairfield to Rio Vista. Billionaires want to build a new city in rural California, but they're encountering wavering support from locals and lawmakers. Solano County homes are among the most affordable in the San Francisco Bay Area, with a median sales price of $600,000 last month.

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