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David Invest
Welcome to David Invest, your AI-inspired real estate investing podcast. We explore a range of real estate investments, from multifamily assets to mixed-use properties.
David Davidenko, Co-Founder and Managing Partner of Sunrise Capital Group's portfolio boasts over 7,000 units and a staggering value of $600MM. At David Invest AI, you'll unlock the secrets behind these successful strategies and observe how AI transforms our interaction with real estate content.
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Disclaimer: The content provided on this channel is intended for educational and informational purposes only and does not constitute investment, financial, or tax advice. We strongly recommend that you consult with qualified professionals before making any financial decisions. Past performance of investments is not indicative of future results. The information presented here is not a solicitation or offer to buy or sell any securities or investments. Our firm may have conflicts of interest, and we do not guarantee the accuracy or timeliness of the content provided. Investing involves risks, and you should carefully consider your financial situation and consult with a financial advisor.
David Invest
The Vision and Reality of Telosa – A $400 Billion City of the Future
This episode examines Telosa, billionaire Marc Lore's ambitious plan to build a $400 billion smart city in the American desert. Explore the project’s vision of urban sustainability and equitable living, powered by cutting-edge technology and innovative design. We'll examine Telosa's "equitism" philosophy, aiming to balance equitable access, environmental ideals, and forward-thinking governance.
📰 Read more about this topic in our latest article: https://sunrisecapitalgroup.com/the-vision-and-reality-of-telosa-a-400-billion-city-of-the-future/
🔗 Check out our website for more information and valuable resources: https://linkin.bio/davidinvest
📸 Follow us on Instagram for updates and behind-the-scenes content: https://www.instagram.com/davidinvestai/
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📚 Check out my course on Udemy - https://www.udemy.com/course/passive-real-estate-investing/
Disclaimer: The content provided on this channel is intended for educational and informational purposes only and does not constitute investment, financial, or tax advice. We strongly recommend that you consult with qualified professionals before making any financial decisions. Past performance of investments is not indicative of future results. The information presented here is not a solicitation or offer to buy or sell any securities or investments. Our firm may have conflicts of interest, and we do not guarantee the accuracy or timeliness of the content provided. Investing involves risks, and you should carefully consid...
Okay. So have you ever imagined what it would be like to build a city completely from scratch, like out in the middle of the desert? Sounds kind of crazy, right? Yeah, crazy, but also kind of amazing. Well, that's exactly what's happening right now with this project called Telosa, a 400 billion totally planned city.
We're talking sustainability, equity, the whole shebang. All designed from the very beginning. Ambitious, to say the least. Totally. And that's why we're doing a deep dive on this today. We're lucky enough to have some insights from David, David Davidenko. He's the real estate guy, right? Yeah, exactly. A real estate investment expert.
He wrote this really insightful article, Breaks Down the Vision of Telosa, the Good and the Bad. Really gets into the nitty gritty of what it takes to pull off something this massive. Well, the whole idea of building a city from the ground up, it's like you have the chance to rethink everything, right?
Tackle things like inequality, environmental problems, all those issues we see in existing cities. Totally. And that's where this whole concept of equitism comes in. David Davidenko talks about it a lot. At first I thought it was just, you know, another buzzword. Yeah, I get it. But then I actually read what he's proposing, and it's honestly pretty radical.
Especially coming from someone who knows the ins and outs of real estate. Like, he's suggesting that in Tulosa, the land wouldn't be owned privately. Can you imagine that? Yeah, instead of traditional ownership, residents would buy into this community land trust. So, even as Tulosa grows and the land value goes through the roof, everyone who's bought in would benefit.
Housing would theoretically stay affordable, it wouldn't just get gobbled up by, you know, the super rich. Pretty wild idea. Definitely. It reminds me of what people say about Singapore, how they've managed to achieve some level of affordability. Right. Like a model for urban planning. Yeah. But, and this is key, Davidenko isn't saying, let's just copy and paste Singapore onto the American desert.
It's more nuanced. Thank goodness. Right. Every city has its own unique challenges in context. You can't just replicate a model and expect it to work perfectly. Right. And that's where David Davidenko background as a real estate expert is so valuable. He doesn't shy away from the potential downsides, the sheer cost of the project, the logistical nightmare of making a city in the middle of the desert.
Well, a desert. Yeah, he really doesn't. He's especially realistic about, Water, or the potential lack thereof. It's a major, major challenge for any desert city, water. It's kind of important, wouldn't you say? Especially when you're talking about plunking a city down in the middle of a desert. Yeah, no kidding.
It's a fundamental challenge for sure. But David Davidenko, he actually digs into the details. And given his firm's focus on sustainable urban development, he actually brings an interesting perspective to it. Oh yeah. Yeah, like he talks about these cutting edge technologies, right? Water capture, advanced recycling, all that.
You mean like pulling moisture out of the air? That kinda thing. Exactly. Atmospheric water generation. It sounds like sci fi, but apparently it's a real thing. And then there's this whole other level of, of water, Water purification and reuse that he gets into, wild stuff. It's pretty amazing how far that technology has come.
It really is. Yeah. And it just goes to show, right, TELUSA might be this grand experiment, but they're not just pulling ideas out of thin air. They're building on existing technologies, pushing the boundaries of what's possible. And that's what makes it different from those, like, utopian communities of the past, you know?
It's not about rejecting the outside world, it's about embracing innovation, taking the best of what we have and using it. Totally. It's like they want TELOSA to be this model for the future, this testing ground for all these cool ideas. Speaking of which, have you read the part about transportation?
Because, uh, get ready for some serious Jetsons vibes. Oh yeah, the autonomous vehicles. Everyone always jumps to that, don't they? Well, it's exciting. David Davidenko, ever the pragmatist, he brings us back down to earth a bit. How so? But he makes this point that, like, just because you can have self driving cars doesn't mean it's going to be smooth sailing from day one, right?
You need the infrastructure, the technology, and people actually had to adapt their behavior. Yeah, it's a whole ecosystem that needs to work together. Right. And he actually makes this comparison to the internet. Remember dial up? And then suddenly, bam, broadband. It seems so fast, but it actually took years of investment, right?
Innovation, people figuring things out. It's a good reminder that these things take time. They do. And Telosa, if they want to pull this off, they're going to need more than just money and technology. They need the right people, you know, people who are excited about this vision, who are willing to take a risk and be a part of something new.
Yeah, totally. Which kind of brings up another big question. Who are these people, these Telosans? Who's actually going to pack up their lives and move to a city in the desert? That's the million dollar question, isn't it? And honestly, it's a bit of a sociological puzzle. It really makes you wonder, would you want to live in a place like Telosa?
I mean, would you pack your bags and make the move? That's the thing, right? It's not for everyone. David Davidenko even hints that it might attract a certain kind of person. Someone who's not just looking for a place to live, but a place to, like, really be a part of something new. To help shape things, you know?
A real pioneer type. It's that pioneering spirit, huh? That willingness to embrace the unknown. That's got to be appealing to some people. Reminds me, you know, a few years ago I visited Copenhagen, and they were doing all this really cool stuff with urban design. Car free zones, green buildings, really innovative stuff.
I've heard they're doing some really cutting edge things. Oh, totally. But it wasn't just the designs themselves, it was the people. You could feel this sense of, like, Ownership. Yeah. They were really invested in making their city better. Which is essential, right, especially for something as ambitious as Tulosa.
If it's going to be successful, it can't just be another playground for the rich or some kind of like sterile utopia. It has to be inclusive, a place where everyone feels like they belong. Which let's be honest, is a lot easier said than done. Yeah. Oh, absolutely. It's a huge challenge. And Davidenko even brings up examples of other utopian projects that, well, didn't exactly pan out.
Like, remember Neom, that futuristic city they're building in Saudi Arabia? Yeah, I remember all the hype about that. It's a good reminder that even with all the money and technology in the world, creating a thriving and equitable society is incredibly difficult. So okay, let's be real. Yeah. Absolutely. With all these potential pitfalls, all the challenges, why even bother with something as audacious as TELOSA?
It's a fair question, but, you know, David Davidenko makes a really interesting point towards the end of his article. He says that even if TELOSA ultimately falls short of its goals, even if everything doesn't go exactly to plan, the very act of trying, of pushing the boundaries, what's possible in urban design, that's valuable in itself.
So it's more about, like, starting a conversation, challenging the way we think about cities, Exactly. It's a provocation. A giant thought experiment in the desert. Tolosa's is basically saying, hey, the future of our cities doesn't have to be what we already know. We can imagine something different, something better.
And that's a message I think we can all get behind. Totally. Tulosa, whether it succeeds or fails, it's making us rethink what's possible. And that's something to keep in mind, right? As we think about the future of our own cities, the challenges we face, the opportunities we have, it's a good reminder that we have the power to shape our urban spaces, to experiment, to dream big.
And on that note, we're going to wrap up our deep dive into Tulosa. Thanks for joining us today. It's been great exploring this fascinating and thought provoking project with you.