Rent is skyrocketing in Vegas

[katsteve2012]

My crappy apartment ( with the bad carpet job ) was $1200-1300 a month back when I moved here in 2017 .
Now you won’t believe it !! It’s 2,400 or so
Insane

This is Vegas for gods sakes and 3/4 of the population here is dead broke

I am getting the carpet guys back in 2 weeks to fix the bedroom

Anyways , rent is skyrocketing all over Vegas as the entity city is flooded by LA

I have a friend in Vegas who owns a few apartment buildings in good locations, and his rentals are no where near that high. If your rent has doubled in 4 years, why not buy something and build some equity?

 

[bodecea]

My crappy apartment ( with the bad carpet job ) was $1200-1300 a month back when I moved here in 2017 .
Now you won’t believe it !! It’s 2,400 or so
Insane

This is Vegas for gods sakes and 3/4 of the population here is dead broke

I am getting the carpet guys back in 2 weeks to fix the bedroom

Anyways , rent is skyrocketing all over Vegas as the entity city is flooded by LA

Same every where...you ain't special, hun.

 

[bodecea]

And what drives up prices?

Supply and Demand.

You economic experts should know that rule by now,

I thought Righties loved free market capitalism. Turns out, all they love is whining.

 

[Harry Dresden]

and that drives up property value how??

we had a 4plex on the outskirts of Disneyland we bought for $80,000 in 83....sold it in 2015 for $820,000 and there were lots of illegals living in that area....so being there they did not hurt property values.....

 

[AMart]

and that drives up property value how??

I thought the claim was "don't let those brown filthy animals move into our neighborhoods because it would drive down our property value"

It drives up rent idiot. And higher rent equals higher sales price for rental property.

 

[AMart]

I thought Righties loved free market capitalism. Turns out, all they love is whining.

And that includes clear violations of zoning laws.

 

[Quasar44]

Turtlesoup
It is a 5th world hell hole

 

[Quasar44]

katsteve2012
Good idea and I would but I am moving in 4 years

 

[Harry Dresden]

Turtlesoup
It is a 5th world hell hole

move out of the vegas ghetto and you might have a different opinion.........

 

[katsteve2012]

katsteve2012
Good idea and I would but I am moving in 4 years

Understandable, but in 4 years if you had a house payment, it likely
would not double.

 

[Quasar44]

Harry Dresden
I live in summerlin

 

[Harry Dresden]

Harry Dresden
I live in summerlin

then why are you lying about this city?.....

 

[Quasar44]

Harry Dresden
Because I work in central Vegas and the folks are all garbage

 

[Harry Dresden]

Harry Dresden
Because I work in central Vegas and the folks are all garbage

and yet you nicely make it seem like the whole city.....try being honest once in a while.....

 

[Quasar44]

Harry Dresden
I am Jewish and we hyperbolize a lot
It’s just what we do

 

[Quasar44]

Summerlin and Henderson are nice
The rest of the areas are just thugs , drug addicts, bums and gangs

 

[Harry Dresden]

Summerlin and Henderson are nice
The rest of the areas are just thugs , drug addicts, bums and gangs

there you go telling lies again.....were i live in the centennial hills area there is no gang violence or graffiti or bums,i hardly hear sirens.....take your head out of your ass you might see things a little more clearly.....

 

[Quasar44]

Harry Dresden
Yes but north Vegas and east Vegas us scary

CH is good

 

[bodecea]

And that includes clear violations of zoning laws.

say who?

 

[Harry Dresden]

Harry Dresden
Yes but north Vegas and east Vegas us scary

CH is good

the northern part of N.Las Vegas is pretty nice the old areas by the strip are were all the shit is.....