Arizona Limits Construction Around Phoenix as Its Water Supply Dwindles
Will Florida be next? The news today said that homeowners' insurance rates are so burdensome that homeowners are crushed financially. Golly, one friend said her brother pays $12K a year for insurance--that's more than many New York homeowners pay in taxes!
Is this karma for red-state climate action obstructionism? Maybe Arizona is getting "awakened," having elected a Democratic governor and reelected Sen. Mark Kelly. In the meantime they are paying for America's refusal to deal with climate change preemptively.Arizona has determined that there is not enough groundwater for all of the housing construction that has already been approved in the Phoenix area, and will stop developers from building some new subdivisions, a sign of looming trouble in the West and other places where overuse, drought and climate change are straining water supplies.
The decision by state officials very likely means the beginning of the end to the explosive development that has made the Phoenix area the fastest growing metropolitan region in the country....The decision means cities and developers must look for alternative sources of water to support future development — for example, by trying to buy access to river water from farmers or Native American tribes, many of whom are facing their own shortages. That rush to buy water is likely to rattle the real estate market in Arizona, making homes more expensive and threatening the relatively low housing costs that had made the region a magnet for people from across the country.
Will Florida be next? The news today said that homeowners' insurance rates are so burdensome that homeowners are crushed financially. Golly, one friend said her brother pays $12K a year for insurance--that's more than many New York homeowners pay in taxes!