Re:Silicon Valley Is Flooding into a Reluctant Austin
by KirillPanov on Monday April 12, 2021 @04:13AM
(#26777045)
Probably uncertain ability to expand their water supply.
In the Western US, certain ability to massively expand a city's water rights is really a prerequisite for insane real estate profits. SF was a mining town before Hetch Hetchy, and LA didn't blow up until they robbed the Owens Valley.
Edit: yep, Truckee River is 100% allocated as of 2015
In the Western US, certain ability to massively expand a city's water rights is really a prerequisite for insane real estate profits. SF was a mining town before Hetch Hetchy, and LA didn't blow up until they robbed the Owens Valley.
Edit: yep, Truckee River is 100% allocated as of 2015
https://en.m.wikipedia.org/wiki/Truckee_River#River_modifica...