Thread: Investing 102
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Old 08-05-2022, 09:42 PM
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I think it's starting to have an effect. Our population shrunk last year by about 2%. That's the first time we've lost population in 50 years I believe. I plan to leave here in 18 months and it's a factor in the decision. Have I had a client leave in 22 years due to the water? Not directly. I think it's a factor now and it will become more imposing if mother nature's path continues on the track it's on currently. The lake was nearly full 22 years ago. That's not really that long ago, but the SW has grown substantially in that time. Vegas is first in line and we have a 3rd intake near the bottom of the lake. Even if the lake gets to dead pool which means the river will stop in Lake Mead, supposedly we'll still have water. We only take about 5-10% as it is. I sincerely hope mother nature changes her tune and it never gets that severe as it will devastate the SW. Especially AZ, CA, and Mexico. There needs to be stricter measures in my opinion. Outlaw grass and pools at least for a while. The pool contractors here are so busy you wouldn't believe it. Imagine the amount of water it takes to fill a pool and replace evaporation. Grass needs to be watered 15 minutes a day, 7 days a week to have a chance to keep it alive in the hot months. There are so many things that can be done, but I don't think it will change until it gets really bad. That's seems to be the human way. I don't plan to stick around to see how it plays out.
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