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 […]
What about that ingenious water-condensation-collector from the air structure you reported on, I believe by an Italian architect?
Eventually that is where things will go, but it is going to be a long painful road getting there, because we cannnot seem to tell ourselves the truth, about what is going on.