I was just reading a construction trade magazine; specifically an article on the continued boom in Vegas.  949 new rooms at Ceasars, 548 for Marriot, 925 at Belagio, 289 at Green Vaet Ranch, a new 2,701 room Wynn Las Vegas and a 660 room new casino.  The amount of roadway construction is in the billions.

On average, Vegas' population is increasing at the rate of 5,000 each month.

Sorta a no-brainer that "someone has to provide services" for all those people!

and put up with the big ego's when we spend time with providors in LV.  A top lady in Washington DC is one third less cost than a top LV lady.

is if you bought property back in '01 or so. This place is crazy now. You can use the equity to pay the prices of your favorite......lol.

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Just read an article that as a percentage property values went up in Las Vegas area higher than CA.

outta control right now. A decent 1700 sq house is 180k to 220k depending on location, that's crazy. Apartments are turning into Condo's everyday yet the occupants can't afford to buy them. Those folks are either moving away or move into the 'bad' parts of town. Not a good thing.

How is this about the hobby? It relates directly to the prices the ladies ask as this housing market is killing them too.

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I sell real estate in las vegas and I don't know where you can find a 1700 sq ft. house for 180, more like 300 depending on neighborhood.  I have a listing right now in an ok neighborhood that is 1358 sq.ft. and it is listed at 210.

I thought then. Thanks Daisey.

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A friend of mine bought a beautiful condo in Henderson in June, 2003 for $180,000.  The exact same condo in the same complex today is now selling for $371,000.  This is insane, of course, but my friend is not complaining.  Indeed, she's trying to figure out how to buy another condo!  The bubble will burst at some point, but who knows when?

The market is starting to change, there is much more inventory available so the prices are starting to level.  Tell your friend to contact me and I will get her another place.  The company I work for has a foreclosure department and we have an abundance of inventory in there now.

got my condo in NW Vegas for 100k. The 'cheap' model below me, one car, no vaulted ceilings, etc, etc, just sold for 185k. It is insane. I could sell and put close to 120k in my pocket, but what the heck would I buy?? A liveaboard yacht in Belize comes to mind but I like this town and our friends too much.

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Wonder what that condo would run in Alaska?

Not to mention that residentila real estate has gone out of site in L.V. especially the Summerlin area. A girl sI used to date  sold a house  near Durango and Desert Inn for 189 K and  no it is up 100k more than that.. I'm looking to buy something  in Summerlin  screw the hotels

Besides, it's too small a town for either me or for that matter, their comfort. I mean, last week in chat, I invited a well known former magazine model for a social drink. In the Vegas tradition, I invited her to ask her SO to join me!

Lots of legit looking and sounding ads in City Life and LV Weekly. I'm really retired as far as Vegas goes, but maybe something there might get your attention.

Vegas isn't nearly as costly in absolute terms, in percentage terms it's gone wacko over the past year or so.  For instance, your friend's house has appreciated by 30% over the past couple of years, which is quite a gain, but my friend in Vegas has had a 106% appreciation over the past year, which is almost unbelievable by any standard!

But if you want to talk about NY, what's happened to me is amazing also.  I live in a co-op in the heart of the Village that I bought at an insider's price in December 1997.  My gain since then has been 500% (seriously, I'm not making this up), which beats the shit out of the general stock market indices for any 7 year period.  Of course, getting the insider price helped, especially since I negotiated right after the rent stabilization law was renewed for another (then) six years and landlords were depressed!  I had been living in the apartment since 1975 at a noticeably under-market rent, and have absolutely no intention of ever moving (this is a GREAT area), so I guess it's really all moot.

..and they've followed up with a story.

Well prices are still a lot higher in parts of California.  Our prices, in California, are not going up as fast only because we are already high.  In San Diego, a one bedroom condo, expect to pay at least mid 200's.  Two bedrooms at least 300.
Houses are into the 500's and 600's.

Of course, many people from SoCal are causing your prices to sky rocket.  They can't afford to live here anymore so many are moving east.

Yeah N.Y  might be expensive but what I was really saying is the appreciation "rate" which makes Vegas property  a good thing to invest in. I am lookin g in the Summerlin area now for something to buiy. My own house in S.Cal is worth around 760,000 for a 2200 sqft house and I bought it for 165K