Re:The Colorado River is shrinking
by kortilla on Friday July 23, 2021 @06:29PM
(#27936321)
> So holding onto an investment property in a location where I think prices will go up in the next 20 years is irrational.
Thinking that they will go up because of water is the irrational bit.
Israel is the worst case (desalination of sea water) and water is still affordable there. It’s a non-issue that would be as far down the list of considerations when choosing where to live as electricity costs.
You may have “thought about it” a lot, but even a little bit of research of what the worst case looks like would have revealed it’s a terrible reason for any investment plans.
Thinking that they will go up because of water is the irrational bit.
Israel is the worst case (desalination of sea water) and water is still affordable there. It’s a non-issue that would be as far down the list of considerations when choosing where to live as electricity costs.
You may have “thought about it” a lot, but even a little bit of research of what the worst case looks like would have revealed it’s a terrible reason for any investment plans.