Parts of California had severe droughts. How did it affect the real estate there?

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Jan 14, 2021
12:28:08pm

RdF3 Truly Addicted User

Parts of California had severe droughts. How did it affect the real estate there?

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RdF3

Previous username: swishh_15
Bio page: RdF3
Joined: Nov 4, 2011
Last login: May 20, 2024
Total posts: 40,115 (2,672 FO)

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Messages

Author

Time

Many consecutive years of severe drought would harm Wasatch front real-estate.

FrontLineFan

1/14/21 12:08pm

I think you’re way overthinking this.

Alister Mackenzie

1/14/21 12:10pm

I wouldn't be worried about it impacting Real Estate prices unless the property

1/14/21 12:11pm

I can't remember a drought Utah didn't recover quickly from.

LegitCoug

1/14/21 12:11pm

I've lived here my whole life and agree. What if this one is different?

FrontLineFan

1/14/21 12:16pm

If you are really concerned sell to someone who will rent it back to you for two

Cougarite

1/14/21 12:19pm

What realistic situation could it get that bad?

groy

1/14/21 12:33pm

Probably not bad enough as other have also pointed out. Brown lawns are no biggy

FrontLineFan

1/14/21 12:35pm

Yes. Extreme conditions. Nearly everyone on Wasatch Front gone or dead within

pink22

1/14/21 12:14pm

What does that do to house values though?

Ojiisan

1/14/21 12:43pm

I would be more concerned about a housing bubble in a than water.

Cougarite

1/14/21 12:16pm

Utah still uses 70% of its water for irrigation. There is still plenty of water.

1/14/21 12:19pm

True. Brown lawns and zero-scaping probably aren't economy killers if it got bad

FrontLineFan

1/14/21 12:21pm

More arid-appropriate landscaping can be attractive if done right.

ReyOso

1/14/21 12:34pm

Parts of California had severe droughts. How did it affect the real estate there?

RdF3

1/14/21 12:28pm

As mentioned by Charles above, was probably really bad for AG real estate in

FrontLineFan

1/14/21 12:33pm

If you are going to worry about anything... worry about "the BIG one"

lawilson

1/14/21 12:40pm

Doubt it. I think the political refugees seeking asylum will only cont to grow

cougfanz

1/14/21 12:43pm

Understand your concern, but I think you are looking too deeply into this. Drought is probably an item that least

1/14/21 12:52pm

A climate shift would limit new development. Prices would skyrocket.

stenso

1/14/21 2:07pm

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