Well, howdy there internet people, let's go again.

So today we are going to talk about Arizona, Phoenix, water,

and making the right move.

Okay, so officials in Arizona. making the right move.

Okay, so officials in Arizona have basically said there's a whole lot more details to it

than I'm about to say, but the short version is no new subdivisions.

No new subdivisions in the Phoenix area.

And the reason is that basically they don't have the water.

They have a study that says their current demand exceeds what they have when it comes to groundwater by about 4%.

Over the next hundred years, with current conditions, there's a there's a shortfall. So basically no new

subdivisions. If the division has already been approved it can go in but new developments are going to have to show that

they have an assured water supply an assured water supply means you have water

for a hundred years. The details of this really aren't the big news. The big news is you are starting to have local and state officials acknowledge you

cannot have infinite growth when you have finite supplies. This is really good

news. Now, deep down, I think that what they're hoping for is for the profit motivator to take over and maybe a

rich developer spot all of this land that is going to be really cheap now and say you know what maybe we should

put in the desalinization plant I think that's what they're hoping for but

either way there's an acknowledgement that you can't

have continued growth without the resources. This is something that is lacking in a lot of places, the just acceptance of reality on this one.

And you're talking about a state apparatus doing it before it becomes

a huge issue. Yeah, there's a 4% shortfall. They can make up that over time. They can cut that

number down because they're looking 100 years into the future.

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