Groundwater depletion sinks home prices in California's Central Valley – New Study/Science Updates
A UC Riverside study has found that as land in California’s Central Valley sinks due to excessive groundwater pumping, so do local housing values.
Summary
A UC Riverside study reveals a direct link between land subsidence in California’s Central Valley, caused by excessive groundwater pumping, and declining home values. As the ground sinks, potentially damaging infrastructure, property values suffer. The research quantifies this impact, highlighting the economic consequences of unsustainable water management practices. This suggests that policies addressing groundwater depletion could not only protect infrastructure but also preserve property values and the economic stability of the region.
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