[quote=FlyerInHi]I don’t know… Vegas was ground zero for the housing crisis. It is said that there are still 30,000 houses in limbo.. but there are still building away and prices are increasing. prices have easily doubled since the bottom.
Resale prices are flat, but new homes sales are up, and tickytack houses are being built everywhere. if I remember, 7000 new construction were sold last year. Normal should be about 15,000 and peak was 35,000, iirc.[/quote]So, in the light of the fact that new “ticky-tack” homes currently on the market are suppressing buyer interest in resales (the kind of homes YOU buy there), are you still in favor of rampant gross over-building, FIH?
After all, if this continues further and further out into the moon-cratered landscape which is Clark County, NV, the urban properties which you already purchased for a song and spent your own hard-earned money and labor rehabbing may not end up to be worth more (or much more) than you paid for them :=0
Aren’t there any growth controls at all in Clark County or LV and suburbs?