California property values collapse as water shut-offs begin – ‘Collapsifornia’

-No-WaterWater shut-offs have now begun in California, where government-ordered restrictions are starting to leave large communities high and dry. As CBS News is now reporting, the Mountain Housecommunity of 15,000 residents will run out of water in just a matter of days.

“The community’s sole source of water, the Byron-Bethany Irrigation District, was one of 114 senior water rights holders cut off by a curtailment notice from the state on Friday,” reports CBS. MORE