Metal theft has increased to the point of threatening this fall's opening of schools in parts of California:
The above films shows that metal theft has become more brazen, the thieves are more knowledgable and are branching into new areas.
In other metal theft news this week, thieves have stolen -
- highway guard rails.
- bronze flower vases attached to cemetary headstones.
- iron sewer grates.
- HVAC parts from a center for cancer stricken children.
As the dollar continues to lose value, any unsecured piece of metal becomes the equivalent of real money in ever widening sectors of the economy. This is a nationwide trend that real estate investors cannot ignore. The ascendency of metal value affects not only the physical safety of buildings, but (most importantly) the fluctuating value of real estate.