The billionaire famous for his early investment in Facebook wants America to build again … – Fortune

In 2020, when the pandemic was going strong, billionaire Marc Andreessen turned heads by publishing an essay on his company website titled “It’s Time to Build.”  “I expect this essay to be the target of criticism,” he wrote while expressing a mindset that has come to be called YIMBY, for “yes in my backyard.” “You see it in housing and the physical footprint of our cities,” he wrote. “We can’t build nearly enough housing in our cities with surging economic potential — which results in crazily skyrocketing housing prices in places like San Francisco, making it nearly impossible for regular people to move in and take the jobs of the future.” Then he expressed dissatisfaction with the state of urban architecture. “We should have gleaming skyscrapers and spectacular living environments in all our best cities at levels way beyond what we have now; where are they?” Andreessen also lives in Atherton, California, America’s richest town, which has held the title of the most expensive ZIP code in the U.S. for five consecutive years, according to data from Property Shark. Atherton also topped Bloomberg’s Riches Places annual index for four years, until 2020. And as a prominent local citizen, new reporting…
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