To all the coastal SC real estate fanatics

Huh … so WCSC News in SC is inferring:

(1). That businesses or agricultural entities or developers will either set up wells in the SC national forests or protected wetlands and drain them of water?
(2). Same as (1), except that those wells will be established throughout the outside perimeter of said national forests and protected wetlands, thereby effecting the same outcome as in (1).

I had no idea that SC’s national forests and protected were so open to ‘water robbing’ exploitation from water robber barons. Or if establishment of within the boundary wells is not allowed by the charters of national forests and protected wetlands, then those perimeter wells would deplete the huge square mileage forests and preserves of their ground water.

Xxxxxx

Of course I am describing two absurd scenarios to complement the absurd assertion that the recent SCOTUS watershed ruling is strongly related to the ‘sky is falling’ BS that our national forests and preserved wetlands have been put at material risk.

lol..yeah..sure it is.

Re: lol..yeah..sure it is.

good for him I guess.

RememberTheDanny

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FYI, Musk did not specifically mention SC

Jun 1, 2023, 11:44 AM [ in reply to lol..yeah..sure it is. ]

Actually, Musk didn’t say that all regions would experience a collapse of both commercial real estate and housing markets.

East Coast coastal communities are such popular retirement destinations for the in-the-process-of-retiring Baby Boomer generation that the near term coastal area real estate HOUSING market should remain OK.

Pretty much every region of the country will be experiencing weakness (or worse) in commercial real estate markets in the near future. Insurance costs in coastal regions are skyrocketing. Building materials are continue to increase in costs. Labor costs remain high. Financing costs for builders have soared. All of this equates to a much higher cost for construction of new commercial real estate. Whether or not existing commercial buildings (e.g., those which are not fully occupied) will have leasing rates which lead to an affordable fixed cost basis for running a successful business … who knows?

Back to Musk and SC coastal real estate. He did not offer any predictions about SC.

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