Many who work with water supply issues say if we’re worried about an adequate water supply now or in the future, we should look first to conservation. It’s no different from fixing a leak in your home plumbing. Why would you think about digging another well to supply water to your home if part of your current supply is lost to a leak?
The United States needs to come up with a lot of money to maintain and repair water infrastructure. The estimated shortfall in funding is $20 billion a year for the next five years, says the American Society of Civil Engineers. States and the federal government are broke, and anti-tax sentiment is high. Is our infrastructure doomed to fail?
In 2007, Atlanta--a city not accustomed to drought as Phoenix or other southwestern cities are--came within a month of running out of water during a severe dry spell. The Atlanta metropolitan area’s water requirements are expected to double by 2030 as the population balloons to 8 million. The U.S. Supreme Court recently ruled that Atlanta no longer has exclusive rights to Lake Lanier and must share its water with Alabama and Florida. Where will residents of the Peach State’s capital get their water?
Adopted by the NAR Board of Directors on May 17, 2008
Find answers to your questions about transportation, including how roads and public transit are funded and what effect they have on real estate.
A broker’s decision to market a seller’s property as “coming soon” must always be made based on the client’s informed determination of what best serves the client’s interests. NAR General Counsel Katie Johnson further explores the topic.