Another reason RE prices will go up

The drought talk is already back. Brown and associates will be beating the drought drum. And who is their favorite whipping boy? Development… there will be more pressure to stop projects due to the lack of water. Already seeing it on Facebook from my liberal friends. One who is married to Larry Page’s brother is comparing us to Cape Town which will have water riots soon… fear mongers

My friend Johnny Gomez took this picture this week
We have very little snow but the skiing is still good

https://www.laketahoenews.net/2018/02/sierra-nevada-snow-fraction-normal/

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that’s a gorgeous photo.

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Johnny got up at 2am to take photos of the super blue moon and got treated to the fog inversion.
The drought is all about political will. Brown would rather build a train than more dams, desalination plants or wells to solve the states water issues .
South Africa should be a wake up call or California will become another shithole. Leaders need to decide to lead us or drag us down. The Democratic machine has been dragging us down for 45 years. Brown is the problem not the solution… we need massive solar farms in the desert to power desalination plants especially in SoCal.

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Really good points elt1–we need water security, not a fast train.

Water levels don’t look too bad… I guess I don’t understand the issues.

Water levels are great. Tahoe is at an all time high. But bureaucracy needs issues like droughts to drum up bigger budgets. Notice how your water rates went up during the drought, but did not go down after the biggest rain snow year in history.

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I own AWR and AWK :yum:

Where do you find this obscure stuff?
Does AWR have a secure source of water?
I have my own water company. With 15 customers. A private well in my Tahoe Apartment building. I am thinking about bottling it and selling it. No chemicals. Tested quarterly. Need to find a good marketing plan.

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There’s lots of water and electricity in Washington. We have tons of hydroelectric power.

Be careful not to pull out so much that your land sinks though.

I have water to waste. Last year it was flowing out of the ground. The water table rose several feet. Ruined a 30 year old pump…I actually had to waste water to lower the water table…there is tremendous head pressure coming from 10000 feet down me at 6250’…Unfortunately bottled water
is not popular like it was…Need to come up with a novelty

May be not in Tahoe. Every week spends a fortune :crystal_ball: buying bottled water from Costco.

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Well in the seventies people would pay huge money for Perrier now it’s just a commodity…Plus now there is an anti plastic bottle movement

Ok. Bottle it :slight_smile: Maybe for office use?

With following changes, RE prices may come down !

If stocks go down another four 500 down, next week - if happens - , we are doomed

  1. Higher mortgage rates
  2. Lower mortgage deductible
  3. Growing interest rates
  4. Stock crash ( if it really crashes like I said above )

When you say “we are doomed” do you mean sellers are doomed, but buyers will be super happy or just everyone is doomed?

S&P?
If S&P then it’s @17% from today… Unlikely IMO.

A 2000 point drop in the DOW would be healthy…10%
Even 5000 Would be a correction but certainly not the doomsday scenario…3% interest rates are still low historically. 5% would not even be doomsday.
Rents falling 30% is probable bigger doom for this landlord forum…Happened in 2001…most survived…Much less worse than the 2006-2009 government caused nightmare

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We may be at a peak in a lot of things, stocks, real estate, commodities, collector cars…Lets hope the bitcoin crash isn’t the catalyst…

Here is a another ridiculous craze…collect cars. STUPID Boomers, trying to relive their youth buying cars that were worthless 20 years ago…$200k for a hippy van

Sell it as if it is fiji water. Hire some celebrities and show videos of them only drinking elt1 water. There is your novelty.

Scratch that. Tell people that the whole water bottling process from source to dinner table is on blockchain.

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