It like average to wet soil. Does not do very well
constantly submerged at all. Gets leggy and smaller funky leaves when submerged for too long.
I grow mine in my semi-shady perennial garden in soil that stay evenly moist, not soggy.
In the wild it grows at the edges of ponds, streams, lakes and only get submerged for short periods of time after hard rains.
Sure, do a Google search and you'll find pix of it appearing submerged...but that's either after a rain, or a potted plant that was dunked into the pond
moment before the photo was taken to make it look like a really healthy pond plant cuz they wanna sell it as a pond plant.
If anything, it's a bog/marginal plant.
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