Water stress refers to the chronic situation in which there is not enough water of sufficient quality to meet the needs of people and the environment. The effects of water stress include a range of social and environmental consequences, such as contaminated drinking water, dried-out fields and the associated increased risk of food crises, the spread of diseases, migration, or political or social conflict.
Water scarcity does not have a direct impact on real estate. However, a long-term decline in groundwater could lead to subsidence, which could have a negative impact on building structures. A long-term change in water availability can affect the quality of life and living conditions of the residents.
Our analyses are based on the annual water availability at the site, which results from the difference between the annual amount of precipitation and the effective evaporation. Theoretically, this water can be used as surface water, or it can supplement groundwater supplies through infiltration.