Las Vegas: 75% underwater

[CDMA ENG]

[quote=bearishgurl]
I think a lot of lower-income Angelenos started moving up there in the mid-late 90’s, thinking it would be easy to get a job there.

Obviously, they didn’t realize that many of the casinos are union and are very picky about who they hire, i.e. weight, looks, demeanor, background check, eligible for bonding, customer svc. background and specialized skills such as craps dealing, roulette, etc. Most have a LOT of applicants for every job opening to choose from as many of the locals have gone to school to be certified in gaming jobs.

[/quote]

Anything but cocktailing this is not true. The Casinos could not get enough ppl in them to work. In fact it got so bad they told ppl that the would hold thier applications for 90 days at which time they would administor a drug test. Basically they were telling you that you had 90 days to piss clean.

But everyone there really made thier money in construction which, ironically, was a catch 22 situation. A town that needed more workers to build house that more workers needed. I saw it ten years ago…

Vegas is a mess.

CE

[patb]

it’s worse as you need about 10% equity to handle
sales costs.

so even people with some equity can’t sell without a loss

[patb]

it’s worse as you need about 10% equity to handle
sales costs.

so even people with some equity can’t sell without a loss

[patb]

it’s worse as you need about 10% equity to handle
sales costs.

so even people with some equity can’t sell without a loss

[patb]

it’s worse as you need about 10% equity to handle
sales costs.

so even people with some equity can’t sell without a loss

[patb]

it’s worse as you need about 10% equity to handle
sales costs.

so even people with some equity can’t sell without a loss

[Author]

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