Are people starting to consider the low water levels as a factor when deciding whether or not to buy in places like Sydney or even Melb (either PPOR or IP) ? And the sort of impact that it will have on our quality of life, and our children in particular ?
I recall that as kids we used to spend many a warm evening running through the spinkler or diving onto the slippery slide, or going for a dip in a neighbours pool. Will such luxuries be available to our kids and beyond, and therefore influence our thinking on future property purchases ?
With a fairly dry winter and an even drier summer predicted, coupled with a growing population, the situation looks like getting worse before getting better
BTW, water storage in Sydney is at lowest ever levels :
http://sca.nsw.gov.au/dams/169.html
I recall that as kids we used to spend many a warm evening running through the spinkler or diving onto the slippery slide, or going for a dip in a neighbours pool. Will such luxuries be available to our kids and beyond, and therefore influence our thinking on future property purchases ?
With a fairly dry winter and an even drier summer predicted, coupled with a growing population, the situation looks like getting worse before getting better
BTW, water storage in Sydney is at lowest ever levels :
http://sca.nsw.gov.au/dams/169.html