One solution to this is so incredibly simple, that I'm surprised no on has mentioned it yet.
Supply & Demand!
Simply let the open market set the price for water instead of the state & local gov. Those that want to pay a high price per gallon to live in CA will stay, and those that don't want to pay that price will move to another part of the country with a more stable/repeatable rainfall. The price will rise until it balances the new demand.
Now, if a company wants to build another reservoir or desalinization plant or whatever...then that's their business choice and they will have to gauge profitability vs expenses just like every other business. The high price of water will entice the construction of profitable water supply companies and that will bring on more supply. The increased supply would then lower the price for water & the cycle continues.
Such a simple solution...
Supply & Demand!
Simply let the open market set the price for water instead of the state & local gov. Those that want to pay a high price per gallon to live in CA will stay, and those that don't want to pay that price will move to another part of the country with a more stable/repeatable rainfall. The price will rise until it balances the new demand.
Now, if a company wants to build another reservoir or desalinization plant or whatever...then that's their business choice and they will have to gauge profitability vs expenses just like every other business. The high price of water will entice the construction of profitable water supply companies and that will bring on more supply. The increased supply would then lower the price for water & the cycle continues.
Such a simple solution...
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
