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Calif Property Values Collapse As Water Shut-Offs Begin…Wealthy Community to go Dry in Days…Real Estate Implosion Now Inevitable

Wednesday, June 17, 2015 9:58
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(Before It's News)

California property values collapse as water shut-offs begin... wealthy community to go dry in days... real estate implosion now inevitable

 

The Watchers

Water shut-offs have now begun in California, where government-ordered restrictions are starting to leave large communities high and dry. As CBS News is now reporting, the Mountain House community of 15,000 residents will run out of water in just a matter of days.

“The community’s sole source of water, the Byron-Bethany Irrigation District, was one of 114 senior water rights holders cut off by a curtailment notice from the state on Friday,” reports CBS.

And just like that, the property values of millions of dollars worth of homes belonging to 15,000 residents nosedives toward zero.

After all, what’s the value of a home that has no running water? California isn’t Africa… yet… so the idea of carrying your own buckets of water for bathing isn’t widely accepted.

Get ready for a real estate collapse in Collapsifornia

As Natural News readers know, I saw all this coming. In a May 7th article entitled Why the California water crisis will lead to a housing collapse, municipal bankruptcies and a mass exodus of climate refugees, I wrote:

How many California homes and businesses are headed for a zero-water future? Many millions. How many Californians are aware of all this and already have their homes on the market so they can move somewhere else? A very small number… a tiny fraction of the total number of home and property owners invested there.

What these people are unfortunately not yet seeing is the catastrophic consequences of a continued drought and how it can utterly destroy the value of their property.

Read more at The Watchers:

http://thewatchers.adorraeli.com/2015/06/17/california-property-values-collapse-as-water-shut-offs-begin-wealthy-community-to-go-dry-in-days-real-estate-implosion-now-inevitable/

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  • Wait until Californians wake up to the fact that they are getting irradiated from the Fukushima residue, and via the Pacific Ocean and water cycle. For four plus years the radioactivity has traversed the ocean (it has also leaked continuously from TEPCO’s reactor the whole time) and landed on the western U.S. coast. All they need to do is buy a Geiger counter and walk outdoors.

    • Even the well educated remain in a sleeping state of denial. To admit the problem would require a response of some sort. In my case, I can’t even convince my family there is a need to consume natural iodine food sources in order to minimize thyroid damage caused by radiation. Most west coasters in general are just not willing to pick up and move across the country escaping something they cannot see, hear or feel chomping at their heals.

      These people push the danger to the back of their mind never allowing the fearful thoughts and considerations to reenter their guarded consciousness. They allow nothing that would rock the boat to penetrate this force field without diversion. They allow nothing whatsoever to disturb the routines associated with their own selective world perspective.

      We Californians as a whole seem to be destine to suffer the affects of radiation. We’ve become co-conspirators through neglect and succumb to the fear of starting from scratch the type of existence we will all soon be faced with anyway. I’m afraid there will be an exodus from California but not soon enough. I suspect it will be when things are so undeniably bad those who make it out will only do it by the skin of their teeth. I pray I’m wrong!

      Just-My-Opinion

  • I don’t mean to be overly gross but, here in California the water in many areas is so full of contaminants you’d probably be better off and it might even taste preferable drinking your own urine as an alternative. I had my tap water tested. It appeared to me according to the chart provided, there was more foreign matter in that liquid than there was H2o. I’ve been buying the more expensive bottled water since.

    What I find equally disturbing is the fact that the amount of chlorine used by the municipality in drinking water registers on test strips identical to that of my backyard pool. They act like the neighbor’s kid keeps jumping the fence to take a dump or something similar in the drinking water supply. Both the organic and chemical matter, the pharmaceutical residue, the intentional additives of lithium and fluoride in our water makes for a cocktail of sickness nobody should expose themselves to.

    Be cautious about what you buy for drinking purposes. In more cases than not the bottled water companies simply bottle, label and market the same water we get from the tap. Like imbeciles we then pay them for it.

    When it says on the label “filtered water” I want you to know that water could have been filtered anywhere, including at a sewage treatment plant. I tell you, it would surely tickle the funny bone of those pulling the strings knowing the rest of us peons are unknowingly quenching our thirsts drinking our own bodily emissions. Myself for as long as I possibly can I will spend the extra greenback for a peace of mind confident the purity of what I ingest is not an issue.

    And that’s,

    Just-My-Opinion

    • Ex LA Lady

      I am in the high desert of So. Calif. about 30 miles north of Palm Springs. We have terrible water and I realize that bottled water is not much better. I’ve been using an H2o Water Distiller for about five years and I’m very happy with it as it takes out the chemical additives including flouride. I have hypothyroidism and there’s a good chance it was caused by a lifetime of flouride in the drinking water.

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