https://www.nytimes.com/2022/05/04/us/california-population-....
AND, there is a social ritual that has developed. We now have the "FINE, GO." cake which is shared with those departing at a say-goodbye party.
https://duckduckgo.com/?q=fine+go+cake&t=osx&iax=images&ia=i...
For perspective, I live in Arkansas and my family and I live in a 2000sf single-family home on 0.5 acres. Our mortgage is <$800/mo. My income isn’t significantly different from my coastal counterparts.
In contrast, Arizona is relatively poor and landlocked. It seems like they're far more likely to be the canary in the coal mine.
Both are growing at roughly 3 times the pace of California, with Texas predicted to surpass California's GDP in under 20 years (Perhaps faster, if things accelerate). If you look at the East Coast situation, e.g. Florida and New York, it's much more damning, FL's population surpassed NY only a few years ago, and its GDP will likely surpass NY in less than 5 years (1.2T vs 1.9T). Not sure what will happen with the water situation but it seems like the final nail in the coffin of bad policies that have sent CA into a downward spiral.
I'm sorry, where is that number coming from? 3x growth anywhere in the USA vs California would be majestically impressive!
I found:
Growth : (1yr, 3yr, 5yr)
Texas : 7.35%, 2.24%, 12.32%
California : 7.17%, 8.06%, 16.69%
Florida : 6.45%, 8.04%, 14.91%
Is the 3x growth in a different statistic?
https://www.deptofnumbers.com/gdp/california/
This isn’t a great bet. Arizona had to solve this problem long ago and already has a good water rights system to cut out the most egregious users quickly as the Colorado river goes through its drought categories. Farmers aren’t guaranteed effectively free water with seniority over others willing to pay like they are in California.
Farming in Arizona might die, but the people are more than rich enough to continue residential usage with the large portion AZ gets of the Colorado river.
<<< New Mexico waves >>>
ps. NM is much much poorer than AZ (but also has less people)
Desalination doesn't work for California.
2) People that really want a green lawn will pay.
Stop fooling yourself. The wealthy are going to double-down on California. They already are.
https://www.ppic.org/wp-content/uploads/whos-leaving-califor...