Is Lakes Region real estate drying up like the Southwest? | Columns

I just returned from a trip to Nevada, Arizona, and Utah this past week. Put lots of miles on my hiking boots and a car rental. Lots of beautiful scenery along the way; however, breakneck population growth and a mega-drought spanning two decades have created a huge water deficit along the Colorado River Basin.

Real estate development in all three states has been exploding in recent years. You can see its impact in density clusters even though these southwestern states have vast amounts of land with hundreds of miles of open plains, deserts, and mountain ranges.

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