Home › Forums › Financial Markets/Economics › Are you feeling it?
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February 18, 2008 at 10:35 PM #155697February 18, 2008 at 10:57 PM #155335Deal HunterParticipant
We’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.
You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?
February 18, 2008 at 10:57 PM #155615Deal HunterParticipantWe’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.
You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?
February 18, 2008 at 10:57 PM #155621Deal HunterParticipantWe’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.
You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?
February 18, 2008 at 10:57 PM #155637Deal HunterParticipantWe’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.
You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?
February 18, 2008 at 10:57 PM #155712Deal HunterParticipantWe’re in Vegas and it’s definetly apparent in the real estate market here. However, rent rates are going up and discretionary consumption is up as well. Foreclosure inventories are still rising because there were soooo many bad loans made here, but investors that stuck around are able to rent properties out pretty easily.
You may find this interesting: You can buy a SFR (3b/2b) within 5 miles of the tourist corridor (The Strip) for just about $300K and rent it out for $1100-$1300 per month. You can buy the same size SFR 8 miles from The Strip for $170k – $220K, and it too will rent for between $1100-$1300 per month. Freaky, huh?
February 18, 2008 at 11:43 PM #155365DWCAPParticipantI finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.February 18, 2008 at 11:43 PM #155645DWCAPParticipantI finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.February 18, 2008 at 11:43 PM #155651DWCAPParticipantI finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.February 18, 2008 at 11:43 PM #155666DWCAPParticipantI finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.February 18, 2008 at 11:43 PM #155741DWCAPParticipantI finally broke down and went shopping this weekend. Went to the UTC mall to get some stuff since I had won a gift certificate from my company at the xmas party and hadnt spent it. I dont buy much, never did. What shocked me was how little other people seemed to be purchasing. There were alot of people there, but no one buying anything. While shopping I remembered other threads on here around xmas time talking about the mall traffic, and it made me start looking.
IF people were carying bags, it was 1, and it had one thing in it. I eventually got 2 pairs of pants and a new pair of running shoes. When I got in line behind 4 other people (1 clerk, struggling with a bad register, not too many people clogging things up) I noticed what they were getting. 1 shirt or maybe a pair of dress pants. I EASILY had the largest amount of merchandise, all $80 of it. I dont see how retailers can be doing well when 5 shoppers all together MAYBE spent $250. Oh, and when I picked up my bags and turned to go, no one was in line behind me.February 18, 2008 at 11:46 PM #155370nostradamusParticipantI haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.
February 18, 2008 at 11:46 PM #155650nostradamusParticipantI haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.
February 18, 2008 at 11:46 PM #155656nostradamusParticipantI haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.
February 18, 2008 at 11:46 PM #155672nostradamusParticipantI haven’t noticed a slowdown in my industry (semiconductor telecomm) but there are always rumors and gossip about pending layoffs or hiring freezes.
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