CoAuthor: David Price, RTA Land Banker
Some people these days looking to own land, in the predictable path of growth and development, may be thinking that WATER might be an issue in the state of California since:
a) California is currently in a drought and some so-called experts are saying we may be in this drought for 10, 20, even 30 years, and
b) Water is one of the main MUST HAVEs when investing in land in high growth areas (see the third key growth indicator here).
I've been saying for some time now, we have lots of water; it’s in the Pacific Ocean and simply needs to be engineered and processed, a process called "desalination".
This is nothing new to America especially the Navy. Remember, very large naval ships (including Aircraft Carriers) are out at sea for very long periods of time (6-months, 1-year, etc.). These ships have desalination mini-plants on-board the ship. That's how the crew and sailors drink water, take baths, cook, etc.
Unfortunately, not many people are aware, especially politicians and news reporters, that California is currently building some of the nation's largest DESALINATION PLANTS and some of the largest in the Western Hemisphere. For example in Carlsbad, California construction is over 25 percent complete on a $1 billion project that will provide 50 million gallons of freshwater per day from the Pacific Ocean, a system that serves 3.1 million people.
a) California is currently in a drought and some so-called experts are saying we may be in this drought for 10, 20, even 30 years, and
b) Water is one of the main MUST HAVEs when investing in land in high growth areas (see the third key growth indicator here).
I've been saying for some time now, we have lots of water; it’s in the Pacific Ocean and simply needs to be engineered and processed, a process called "desalination".
This is nothing new to America especially the Navy. Remember, very large naval ships (including Aircraft Carriers) are out at sea for very long periods of time (6-months, 1-year, etc.). These ships have desalination mini-plants on-board the ship. That's how the crew and sailors drink water, take baths, cook, etc.
Unfortunately, not many people are aware, especially politicians and news reporters, that California is currently building some of the nation's largest DESALINATION PLANTS and some of the largest in the Western Hemisphere. For example in Carlsbad, California construction is over 25 percent complete on a $1 billion project that will provide 50 million gallons of freshwater per day from the Pacific Ocean, a system that serves 3.1 million people.
Carlsbad, CA $1 billion desalination plant under construction. Photo Credit: NBC News
California IS NOT going to stand-by and let the lack of water effect its growth…California never has. Especially, the $40B agriculture industry in the central valley; California is the largest food producer in America and has been for more than 50 years. Desalination requires a lot of energy and therefore has been cost prohibitive for large scale use, however with recent technological advances in membrane materials and energy recovery systems the energy cost have been reduced nearly in half. Now desalination is not only necessary, it's practical.
“I think it will turn out that it [building desalination plants] is very affordable compared to not having the water here in Southern California, particularly with the drought that we are facing…” -Randy Truby, Comptroller of the International Desalination Association and Director Emeritus of the American Membrane Technology Association (AMTA)
So, in conclusion, a savvy land owner isn’t worried about drought issues here in California. California is leading the nation and the western hemisphere in the building of Mega-Million & Multi-Billion dollar desalination plants. Consider the positive affects on land values as billions of dollars in development of desalination plants continue to pour in.
Be sure to get the right education, join our next event!
“I think it will turn out that it [building desalination plants] is very affordable compared to not having the water here in Southern California, particularly with the drought that we are facing…” -Randy Truby, Comptroller of the International Desalination Association and Director Emeritus of the American Membrane Technology Association (AMTA)
So, in conclusion, a savvy land owner isn’t worried about drought issues here in California. California is leading the nation and the western hemisphere in the building of Mega-Million & Multi-Billion dollar desalination plants. Consider the positive affects on land values as billions of dollars in development of desalination plants continue to pour in.
Be sure to get the right education, join our next event!
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