The brown lawn syndrome is just going to have to play itself out. Eventually, someone will buy all those empty houses. The price they pay and the type of buyers they are remains to be seen.
I think we’ve only seen the tip of the iceberg so far as far as brown lawns/vacant houses. There are going to be a LOT of ARM’s resetting in Temecula and not much in the way of wages to pay the increased payments.
As a side note, the fact that a lawn can go completely dead in a couple weeks shows you how DRY it is in the Inland Empire. What happens if the drought continues for decades as many scientists are now predicing and watering lawns is no longer an option? http://www.msnbc.msn.com/id/17967097/
