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peterb
ParticipantAnyone who bought in the DM and LJ or any other beach area in the last 4 years is very likely making large mortgage payments. If so, job loss could force them to sell. Unemployment is rising. I wonder how many Alt-A and no-money down loans were used to purchase homes in these areas?
In this market, most people selling are doing so out of duress. That’s what drives prices down.I Wonder what the inventory volume and the sales volume is like for these areas?peterb
ParticipantAnyone who bought in the DM and LJ or any other beach area in the last 4 years is very likely making large mortgage payments. If so, job loss could force them to sell. Unemployment is rising. I wonder how many Alt-A and no-money down loans were used to purchase homes in these areas?
In this market, most people selling are doing so out of duress. That’s what drives prices down.I Wonder what the inventory volume and the sales volume is like for these areas?peterb
ParticipantAnyone who bought in the DM and LJ or any other beach area in the last 4 years is very likely making large mortgage payments. If so, job loss could force them to sell. Unemployment is rising. I wonder how many Alt-A and no-money down loans were used to purchase homes in these areas?
In this market, most people selling are doing so out of duress. That’s what drives prices down.I Wonder what the inventory volume and the sales volume is like for these areas?peterb
ParticipantAnyone who bought in the DM and LJ or any other beach area in the last 4 years is very likely making large mortgage payments. If so, job loss could force them to sell. Unemployment is rising. I wonder how many Alt-A and no-money down loans were used to purchase homes in these areas?
In this market, most people selling are doing so out of duress. That’s what drives prices down.I Wonder what the inventory volume and the sales volume is like for these areas?peterb
ParticipantCA govt gives away water to agribusiness
peterb
ParticipantCA govt gives away water to agribusiness
peterb
ParticipantCA govt gives away water to agribusiness
peterb
ParticipantCA govt gives away water to agribusiness
peterb
ParticipantCA govt gives away water to agribusiness
peterb
ParticipantAgribusiness uses over 80% of CA’s water consumption. Of that, Cotton,rice and alphalfa take the lions share. Residential consumption is very small and thus does not matter much when it comes to reductions or conservation of any kind. If the state govt really gets worried, they can just quit giving these special, high consumption crops anymore deals on water.
peterb
ParticipantAgribusiness uses over 80% of CA’s water consumption. Of that, Cotton,rice and alphalfa take the lions share. Residential consumption is very small and thus does not matter much when it comes to reductions or conservation of any kind. If the state govt really gets worried, they can just quit giving these special, high consumption crops anymore deals on water.
peterb
ParticipantAgribusiness uses over 80% of CA’s water consumption. Of that, Cotton,rice and alphalfa take the lions share. Residential consumption is very small and thus does not matter much when it comes to reductions or conservation of any kind. If the state govt really gets worried, they can just quit giving these special, high consumption crops anymore deals on water.
peterb
ParticipantAgribusiness uses over 80% of CA’s water consumption. Of that, Cotton,rice and alphalfa take the lions share. Residential consumption is very small and thus does not matter much when it comes to reductions or conservation of any kind. If the state govt really gets worried, they can just quit giving these special, high consumption crops anymore deals on water.
peterb
ParticipantAgribusiness uses over 80% of CA’s water consumption. Of that, Cotton,rice and alphalfa take the lions share. Residential consumption is very small and thus does not matter much when it comes to reductions or conservation of any kind. If the state govt really gets worried, they can just quit giving these special, high consumption crops anymore deals on water.
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