Developers are flooding Arizona with homes even as historic Western drought intensifies
An ASU real estate expert points to various reservoirs that could replenish the groundwater but admits there is still a risk due to the sheer scale of development.
In this story aired April 5, 2022, on CSNBC:
I would say that there’s a legitimate concern about our future, and policy-makers are very aware of this.
– Mark Stapp, Fred E. Taylor Professor of Real Estate and executive director of the Master of Real Estate Development program
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