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Institutional Real Estate Americas

June 1, 2015: Vol. 27, Number 6

High and dry: The impact of California's remarkable water policy on institutional real estate, part one

Author: Randall Zisler and Matthew Zisler

Like Samuel Taylor Coleridge’s ancient mariner, California finds its ship listless in the doldrums of a misguided and moribund political process, bordered by vast saltwater and lacking a tailwind. While the drought is a given, misguided public policy regarding the rationing and pricing of water is the headwind. 

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