11-02-2010, 05:45 AM
From 07MAR2009 in another thread:
Has there ever been a better time to buy in Puna than when the local market is tanked and drought stress is predictably about to come riding in across broad swaths of the Mainland and elsewhere?
From 01NOV2010 in 24/7 Wall Street:
The Ten Biggest American Cities That Are Running Out Of Water
http://finance.yahoo.com/real-estate/art...t-of-water
Here is a summary of the article linked above: water is running out in some mainland urban centers such that the next ten years will likely see increasing potential for bond market collapse, industry challenges and failures, and an increasing degree of water-scarcity-forced emigration from these "top ten" predicted trouble spots...
CA: Los Angeles, SF Bay Area
TX: Houston, San Antonio, Fort Worth
AZ: Phoenix, Tucson
NV: Las Vegas
GA: Atlanta
FL: Orlando
Los Angeles' main source of electricity (Hoover Dam on Lake Mead) is also likely to effectively cease producing electricity in 2013. Google it.
...and these are just the top ten cities facing increasing water shortages. There are many other urban areas similarly effected, as well as broad rural regions.
The situation in the USA in terms of implications and ability to adjust and respond to environmental difficulties is far different than that in places like Pakistan where "Diseases are spreading, and winter is closing in on the 20 million flood victims - seven million of whom still do not have shelter" (from article linked here http://www.bbc.co.uk/news/world-south-asia-11648701) yet the various proposed techno-fixes for US urban water shortages all come back to energy. Desalinization plants, digging canals, pipeline straws from Alaska, towing iceburgs, and so on zany solutions all require massive and ongoing energy resources. Even if the petroleum is there to do all this work by burning oil (since the solar capacity and infrastructure & capacity of other alternative energy forms does not exist) then the economics of the situation still spells big changes ahead.
My prediction is there will be a general increase in the valuation of homes and land in areas with water, sunlight, and soil -such as in East Hawaii. A steep increase, once the realizations above really sink in. The research detailed in the linked article suggests a time-frame of around the next five to ten years for even slow learners in these places to begin to realize the implications of pending long-term water shortage processes.
Some folks in Puna who are currently wanting to sell but unable to do so because of a near-dead market should indeed eventually be able to sell given all this, but unless they are selling off "extra" parcels and spec houses they built but do not live in themselves, then they might want to consider staying in Puna instead of selling and moving to LA, Phoenix, Fort Worth, or other places from the list above.
)'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'(
Jaan Pehechaan Ho by Mohammed Rafi
http://www.youtube.com/watch?v=IgeuUAzThto
)'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'(
Has there ever been a better time to buy in Puna than when the local market is tanked and drought stress is predictably about to come riding in across broad swaths of the Mainland and elsewhere?
From 01NOV2010 in 24/7 Wall Street:
The Ten Biggest American Cities That Are Running Out Of Water
http://finance.yahoo.com/real-estate/art...t-of-water
Here is a summary of the article linked above: water is running out in some mainland urban centers such that the next ten years will likely see increasing potential for bond market collapse, industry challenges and failures, and an increasing degree of water-scarcity-forced emigration from these "top ten" predicted trouble spots...
CA: Los Angeles, SF Bay Area
TX: Houston, San Antonio, Fort Worth
AZ: Phoenix, Tucson
NV: Las Vegas
GA: Atlanta
FL: Orlando
Los Angeles' main source of electricity (Hoover Dam on Lake Mead) is also likely to effectively cease producing electricity in 2013. Google it.
...and these are just the top ten cities facing increasing water shortages. There are many other urban areas similarly effected, as well as broad rural regions.
The situation in the USA in terms of implications and ability to adjust and respond to environmental difficulties is far different than that in places like Pakistan where "Diseases are spreading, and winter is closing in on the 20 million flood victims - seven million of whom still do not have shelter" (from article linked here http://www.bbc.co.uk/news/world-south-asia-11648701) yet the various proposed techno-fixes for US urban water shortages all come back to energy. Desalinization plants, digging canals, pipeline straws from Alaska, towing iceburgs, and so on zany solutions all require massive and ongoing energy resources. Even if the petroleum is there to do all this work by burning oil (since the solar capacity and infrastructure & capacity of other alternative energy forms does not exist) then the economics of the situation still spells big changes ahead.
My prediction is there will be a general increase in the valuation of homes and land in areas with water, sunlight, and soil -such as in East Hawaii. A steep increase, once the realizations above really sink in. The research detailed in the linked article suggests a time-frame of around the next five to ten years for even slow learners in these places to begin to realize the implications of pending long-term water shortage processes.
Some folks in Puna who are currently wanting to sell but unable to do so because of a near-dead market should indeed eventually be able to sell given all this, but unless they are selling off "extra" parcels and spec houses they built but do not live in themselves, then they might want to consider staying in Puna instead of selling and moving to LA, Phoenix, Fort Worth, or other places from the list above.
)'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'(
Jaan Pehechaan Ho by Mohammed Rafi
http://www.youtube.com/watch?v=IgeuUAzThto
)'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'(
)'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'(
Astonishing skill! This archer is a real-life Legolas and then some!
http://geekologie.com/2013/11/real-life-...rs-anc.php
)'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'(
Astonishing skill! This archer is a real-life Legolas and then some!
http://geekologie.com/2013/11/real-life-...rs-anc.php
)'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'( )'(