Las Vegas area home market moves from sizzle to simmer

Discussion in 'Other News' started by Chinatown, Jul 7, 2022.

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  2. Val_Caldera

    Val_Caldera Road Train Member

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    Probability of people actually READING NEWS REPORTS as well WATCHING VIDEOS at U Tube of Imminent WATER CRISIS and Vegas getting around 23% when WATER CRISES go full DOOM.
    Maybe some potential buyers are actually PAYING ATTENTION??
     
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  3. Plantfoam

    Plantfoam Medium Load Member

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    I like it out west and would consider the LV area if it weren't for the water situation. The long term viability of everything seems iffy.
     
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  4. Chinatown

    Chinatown Road Train Member

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  5. Plantfoam

    Plantfoam Medium Load Member

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    My wife and I are considering our other no tax state choice of Florida instead. I guess you could say they are good in the water department. Our combined state income tax is slightly more than our mortgage payment.
     
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  6. Chinatown

    Chinatown Road Train Member

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    I've lived in Florida and really like it there. Can't get the wife onboard though to move there. She hasn't lived in Florida, but has seen a lot of it when she rode with me in the truck when I did refrigerated trucking.
     
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  7. autopaint

    autopaint Light Load Member

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    A city built on spending discretionary income sees less discretionary income being spent during massive inflation.

    News at 11
     
  8. roundhouse

    roundhouse Road Train Member

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    Building a mega city in the desert .

    what could possibly go wrong ?

    Deserts , by definition , don’t have much water .
     
  9. roundhouse

    roundhouse Road Train Member

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    Meh
    I don’t really like Florida
    Too hot and flat .
    No reason to live there at all unless you’re ocean front and can see the waves from your living room .

    Tennessee on the other hand ….
    Plenty of mountains and rolling hills , and about 20 degrees cooler .

    states with no income tax always make that revenue up some other way though .

    usually through property tax and vehicle taxes
    The state I live in has a 5% state income tax and the property taxes are generally 1% of the value but it varies by county, the more democrat voters in the county, the higher the property taxes are . Also the crime is much higher in those areas too .

    Texas has no income tax but has very high property taxes
     
    Last edited: Jul 8, 2022
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