Sydney 'first to run out of water'

Well it looks like Sydney is getting noticed out there. Maude Barlow a Canadian no less, has seen the dire straights that Sydney may be in - very soon. This article reports on her recent comments.

I do hope we see some sign of urgency here in Sydney - if our little chart continues it's downward trend then when will people start looking at exiting?

What will exiting mean? Perhaps it is time to stir things up and highlight how this will affect house prices in Sydney. Nothing like a threat to the hip pocket (if thirst doesn't do the trick)

Anyway - Merry Christmas - and send your wishes for a long WET 2007...