The price isn’t the only limiting factor. Right now there isn’t water at any price that you can buy in unlimited quantities through the current watering system.
As the result, new land development of more sustainable ag is effectively blocked by more senior water rights.
We even legislate into our consumer laws that you cannot use water for your landscaping at any price beyond a certain amount or risk being completely cut off.
I find this absolute limit situation highly questionable, because as we have a physical ability to not have these limits in a much more sustainable sense.
As the result, new land development of more sustainable ag is effectively blocked by more senior water rights.
We even legislate into our consumer laws that you cannot use water for your landscaping at any price beyond a certain amount or risk being completely cut off.
I find this absolute limit situation highly questionable, because as we have a physical ability to not have these limits in a much more sustainable sense.