4 ms·

maybe it can buy a river or water from other states.

by blinded 4y ago

s1artibartfast 4y ago
It could buy the water rights from a good portion of the states almond farmers.
- ceph_ 4y ago
  Better yet, the cattle ranchers.
arkis22 4y ago
interestingly, a housing subsidy for lower income families has been proposed. the WSJ bills it as 10 billion. The LA times bills it as 1 billion for "the next decade". It's all in the phrasing right? regardless of the phrasing, to me it sounds like free money for homeowners and an anchor on the lower income if property prices dont keep increasing. https://www.latimes.com/california/story/2022-05-11/new-california-home-buyers-could-soon-get-government-cash-for-down-payment https://www.latimes.com/california/story/2022-05-11/new-cali... https://www.wsj.com/articles/california-legislative-leader-wants-to-spend-10-billion-to-help-families-buy-homes-11652270401 https://www.wsj.com/articles/california-legislative-leader-w...
- blinded 4y ago
  Can't help but think this will create more buyers without more supply which will only drive up prices higher.
  - qeternity 4y ago
    It will, without a doubt. The issue is not demand, it’s supply. But if we increase supply we will be killing the piggy banks of most people. It’s horrible, and will likely end in complete catastrophe in the next 20 years. Until then, BTFD.
thghtihadanacct 4y ago
Its eventually gonna buy a desal plant somewhere people wont complain and ship water all over.
- partiallypro 4y ago
  There are already a few in California. Environmentalists don't like them, so there will be no real expansion of them and certainly not to the level of being a net exporter.
- Manuel_D 4y ago
  Desalination only really makes sense with a surplus of energy. Driving desalination with the cooling system of a nuclear power plant would make sense, as it's otherwise wasted energy. But that's not popular in California, so that leaves other options like osmosis membranes that require energy.

maybe it can buy a river or water from other states.

s1artibartfast 4y ago

It could buy the water rights from a good portion of the states almond farmers.

ceph_ 4y ago
Better yet, the cattle ranchers.

arkis22 4y ago

interestingly, a housing subsidy for lower income families has been proposed. the WSJ bills it as 10 billion. The LA times bills it as 1 billion for "the next decade". It's all in the phrasing right? regardless of the phrasing, to me it sounds like free money for homeowners and an anchor on the lower income if property prices dont keep increasing. https://www.latimes.com/california/story/2022-05-11/new-california-home-buyers-could-soon-get-government-cash-for-down-payment https://www.latimes.com/california/story/2022-05-11/new-cali... https://www.wsj.com/articles/california-legislative-leader-wants-to-spend-10-billion-to-help-families-buy-homes-11652270401 https://www.wsj.com/articles/california-legislative-leader-w...

blinded 4y ago
Can't help but think this will create more buyers without more supply which will only drive up prices higher.
- qeternity 4y ago
  It will, without a doubt. The issue is not demand, it’s supply. But if we increase supply we will be killing the piggy banks of most people. It’s horrible, and will likely end in complete catastrophe in the next 20 years. Until then, BTFD.

thghtihadanacct 4y ago

Its eventually gonna buy a desal plant somewhere people wont complain and ship water all over.

partiallypro 4y ago
There are already a few in California. Environmentalists don't like them, so there will be no real expansion of them and certainly not to the level of being a net exporter.
Manuel_D 4y ago
Desalination only really makes sense with a surplus of energy. Driving desalination with the cooling system of a nuclear power plant would make sense, as it's otherwise wasted energy. But that's not popular in California, so that leaves other options like osmosis membranes that require energy.