He won't. You see, Arizona and in particular Phoenix is the El Dorado. Everybody is moving there and buying one of the new tract mansions they are building. So they are building tens of thousands more to supply that future need and the existing ones will keep rising in price. Phoenix has water everywhere (I think it's called the city of 10,000 lakes) and only a wussy man needs A/C in the summer but there's unlimited supplies of energy for that anyway.
Actually, yes. There are several "fronts" of new houses being built. The east valley front is about 10 miles wide and progressing about 2 miles/year. The 60 freeway was recently widened, and the Santan freeway is nearing completion to service there.
The west valley is similar. The north and south has limited itself with transportation, so there are new efforts to add freeway capacity.
So they are building tens of thousands more to supply that future need and the existing ones will keep rising in price.
Actually, yes. We're getting the people with money who are fleeing California and think that Phoenix houses are cheap. And we've recently started getting retirees fleeing the hurricanes of Fla.
Phoenix has water everywhere (I think it's called the city of 10,000 lakes)
No, that's Minnesota. It's a long way from here.
Actually, the houses use less water per acre of land than the irrigated farms they replaced. We're pumping water into the aquifer, not out of it.
only a wussy man needs A/C in the summer but there's unlimited supplies of energy for that anyway.
Like those wussy people in Virgina who have heat in the winter. You know anyone without heat in their house?
Actually, they call the energy "nuclear" out here. When California regulated themselves out of electricity a few years ago, we slammed out a dozen new electric plants on the border. We're set.
As for my house, it's a 20 year old view house in an area that will be the future "Beverly Hills" of Phoenix. The price has tripled, and there are only 1200 more acres of open land before we hit Indian reservations and public park land for as far as the car can travel in this direction. So, yeah, I think I'll stay until I'm ready to retire. I think I'd be stupid not to.