On the bright side, it means that you can't have basement leaks because, hey, no basement. On the other hand, it means less room in your house, unless you build a house with a bigger footprint (though in Austin you can do that; there's plenty of real estate).
Actually we have hills to our west so storms big enough to produce tornadoes are shunted north of us, where they hit a town along I-35 called Jerrold. (Which has been leveled by tornadoes something like three times, yet they keep rebuilding it...)
I have no idea how high the water table is in the vicinity of my house; that sort of thing varies a lot out here in the East.
I can tell you this; my house is a split-level. The room that is the basement, as measured from the front of the house, is actually ground-level in the back, because the house was built into the side of a hill. We have been here since 1996, and the basement used to be bone dry. Even now, it only leaks after a prolonged rain (like, say, steady rain for most of 24 hours).
Even if you had basements in California, I'd bet you don't get rain in those quantities.
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I can tell you this; my house is a split-level. The room that is the basement, as measured from the front of the house, is actually ground-level in the back, because the house was built into the side of a hill. We have been here since 1996, and the basement used to be bone dry. Even now, it only leaks after a prolonged rain (like, say, steady rain for most of 24 hours).
Even if you had basements in California, I'd bet you don't get rain in those quantities.