Professors Mehdi Nemati and Ariel Dinar’s New Study Reveals That Groundwater Depletion is Devaluing California Homes
August 26th, 2025
The research, led by Professor Nemati and co-authored by Distinguished Professor Emeritus Dinar, found that homes in gradually sinking areas lost between 2.4% and 5.8% of their sale value, which translates to losses between $6,689 and $16,165 per home.
Read the Inside UCR article here.
Read the Bakersfield.com article here.
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