Las Vegas real estate crash and economic collapse #33.

Las Vegas has a very large amount of empty commercial real estate. The city’s real estate market has went from rapid price increases to large price decreases…
Video Rating: 5 / 5

8 comments

  • shmigby bibskin

    Dry western heat is definitely better.

  • Timothy Dundon

    Great video – Thanks for sharing. It’s in the beginning phases of looking
    this way along the WestCoast as well. That especially includes the beach
    cities . . . Belmont Shore, SealBeach, Huntington Beach . . . . “Location,
    Location” only means these desired areas get hit hardest with people on the
    streets, bankowned properties and foreclosures.

  • Unsharpened

    Watch the parking lot. It will tell you how much activity was there by the
    drips of oil etc from the cars. The more black spots in the parking spaces
    , the more activity.

  • NotSoFast

    do you follow peter schiff by change? check out the peter schiff show.

  • indignant99

    The building’s directory sign had 30 slots… two panels of 3-by-5. (Maybe
    your eyes played tricks on you. Or maybe the opposite of normalcy bias –
    “abnormalcy bias.”)

  • EconCat88

    @Unsharpened I hadn’t thought about that. It makes total sense and thanks
    for sharing your thoughts.

  • 1dschamp

    @povertyincanada And Australia. We have some nice suburbs but the housing
    prices are absurd. Some of these brand spanking new houses i’ve seen on
    these vids at only $150,000 or cheaper. You’d never find anything like that
    in Australia (unless you pay $500,000)

  • Gordon Silverstein

    you still lucky you have nice shiny roads and affordable housing , you
    should see Canada

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.