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Updated over 9 years ago on . Most recent reply

Jenny Kim's profile image
Jenny Kim's profile image
Jenny Kim
  • Investor
  • from Stevenson Ranch, California
  • Member since May 7, 2015
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User Stats

21
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4
Votes
Jenny Kim's profile image
Jenny Kim's profile image
Jenny Kim
  • Investor
  • from Stevenson Ranch, California
  • Member since May 7, 2015
Connect
Jenny Kim
  • Investor
  • Stevenson Ranch, CA
4
Votes |
21
Posts
Buying & Selling Real Estate

San Joaquin County California Sinking?

Jenny Kim
  • Investor
  • Stevenson Ranch, CA
Posted

So . . . I just saw a news story this morning about how San Joaquin County is sinking.  Because of the drought in California, water is being pumped from really deep underground in order to supply water to the farms.  As a result, the land is sinking about 1 foot a year.  

I have been thinking about investing in this area, but I am concerned about deteriorating infrastructure and long term property value.

Here's the story

http://www.cbsnews.com/videos/why-parched-californ...

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