My friend and his wife just moved back to San Diego from Las Vegas he said the coat of living has gone up drastically and he and wife didn't have a strong network so their family took them in. It's bad when you left California because of the cost of living only to move back for the exact same thing.
Get rid of investors in family housing. Foreign investors bought half of Vegas in 2008. They bought entire neighborhoods of "zombie" houses remember? Sickening for working families who dream of a home
REIT businesses have bought up millions of homes in the USA. I looked up 24 REIT companies on line recently, ALL owned at least 40K homes that are now all rentals. No going back, they are turning the country into generational renters. What will they do at retirement if they don't have a paid off home? REITs are also buying up nursing homes!!!
Keep going...save up a nest egg so you can POUNCE when that one deal opens up for you. You only need one good find...be absolutely ready when it happens. Get pre approved and keep that updated as you save up a down payment. Don't stop now, one property and you will be building wealth that will benefit you for the rest of your life. I bought later in life but so glad I finally did get a home and worked 2 jobs to pay it off. I'm about to retire and now only have insurance and taxes to pay: $107. a month for housing!!!! It's well worth the effort. NEVER STOP GOING FORWARD. Thank you Dave Ramsey.
Literally watched a news video where the builders said they are controlling their build times. Builders are sitting on lots letting prices rise instead of building and selling ASAP.
These new houses in these new communities aren’t even worth $ 250,000 let alone $ 400,00. 👎🏻💩🤮 Phoenix is out of control outrageous for old crappy houses that need work.
That city doesn't have the appeal it once did to me. Station Casinos did away with their buffets permanently. The traffic is getting pretty nutty and the water is indeed something that really needs to be addressed with a solution. I will just visit for now but wish you all luck out there whether coming or exiting.
Why would you ever want to buy a home right now at the high point of the bubble market? I would wait until the financial crash and then buy at more realistic prices.
@@lordy1952 It will happen this isn’t natural high fuel cost high material high cost of building. The market will crash and crash hard if you buy a house for 800,000 right now you will loose more than half of its value unless you plan to live and keep it for generations to come then I guess go ahead and buy. It’s like the current car manufacturer crises where dealers are giving more for trade in’s than ever before that won’t last at all the current vehicle/housing market crises it’s all man made it won’t last.
@@lordy1952 I don't think you understand how the state of the economy. We are in a extreme financial bubble, probably close to a 1981 recession based on experts analysis. We have a major debt crisis looming. We have extreme low unemployment rate, with more debt to wages. We have runaway inflation. This means that people will eventually run out of money as they are not earning more than what they are spending. You can't kick this can down the road any further. The feds will be extremely aggressive with the rate hikes to try to curb inflation, however they let inflation go on too long with the low interest rates, the stimulus packages etc. Now they are going to go full bore rate hikes and this will crash the real estate market, along with the equity markets all in hopes to bring inflation down. The rate hikes are already causing trickling affects in the real estate market now in some cities.
I looked at Nebraska and Oklahoma recently... THEY'RE JUST AS EXPENSIVE. Except worse, because there's no quality of life. People still want to enjoy life after buying a house ffs.
The problem is that you have all these people from different states taking everything from us nevadans that's not fair especially California people coming here I think they need to change the law those that haven't been here for four years don't deserve to buy a house yet and let nevadans buy house first knowing that they've been here for 10 years or longer to get seniority first but again Money Rules the world.
Can't do it, we are the UNITED states. California has the $$ from insurance due to the fires and selling off expensive homes. I didn't buy a home till later in life as I was living in a fantasy world. Started watching Dave Ramsey and grew up, finally. I'm about to retire, just paid off my home. I'm 69 years old and have been working 2 jobs for 15 years to finally get my life in order. Now my property costs are just taxes and insurance: $107. a month...perfect for retirement. Wish I grew up earlier.
This is stupid. Move to a less expensive town. You'll find cheaper options. Not everyone needs to buy a $400,000 home. I can guarantee when the crash happens, the people who got the big bank loan will be upside down...and house value will sink.
Sweetie in a boom market you look for a house....NOT the perfect house. You then bank the appreciation and in a year or two when things normalize a bit you can start looking for that "perfect home".
@@damien1781 Unless there's a way to stop the wealthy Californians that sold their houses for $700,000-$2 million. Locals have been priced out of the market.
Let’s start saving our money and be ready when the market crashes it can’t stay like this forever everything that goes up has to come down and I’ll be ready for it
Sometimes folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. Rents are high, but you can STILL buy a mobile home of your own for only $100,000. That’s right, only one hundred thousand, AND that includes the land approx. 50’x100’. Seriously, you have the Colorado River is walking distance away with nine gambling casinos on the river bank on the other side in Laughlin, Nevada. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation, IMO.
I have friends that bought at Fort Mojave, very affordable, clean air, close to the Colorado river, they fish a few days a week. the bought a cute fixer upper house for $120K. didn't need all that much work. Nice to know the mobile homes include the land they are on!!!! That's a deal
$400,000 housing price is cheap compared to the housing in LA San Diego and San Francisco. In my community here in Carlsbad houses the average median price is $900,000 upwards to well over a Million dollars.
Correct. You are next to the ocean, can drive to the beach, and do not endure 110 degree weather in the summer. Our homes here in Las Vegas are NOT worth $400,000.
It’s going to end so bad for Nevada they are raising prices on everything EXCEPT MINIMUM WAGE😂 they will lower the prices when they realize they are not California and have a labor shortage
i kinda hate watching this its just so stupid to buy right now and the last several years even. some say well me need a place to live how about something cheap like a mobile home? rough it out for a while but american need that instant gratification and no i cant be seen in a TRAILER yeah well while some of friends are taking advantage of a near crash (and dont call of the possibility of a GREAT DEPRESSION style crash) its been 100 years and the past few years have truly been stuff we haven't seen in decades. All i can say is pain for those people buying or maybe they have lots of weed and can smoke through the next 10-20 years and sell for profit cheers i guess...
I think I'll investors should be banned from buying homes that they turn around and try to rent out for thousands of dollars a month it's ridiculous all investors all investors should be banned from buying single family homes apartment buildings fine whatever single family homes leave them for families that need to buy a home that they can afford
Yep, they have had windfall profits in the last 5 years since 2016 when housing prices started to go up, it really got bad starting in 2019. If the Nevada legislature imposed a windfall profits tax on realtors that made more than $500,000 in profit annually, the money could be used to help reduce property taxes on residents with incomes under $50,000 a year. But, don't hold your breath, Nevada officials and the governor hate working families and don't give a dam if they're priced out of the market and are forced out of town. Thanks California for ruining Las Vegas.
No it is investors that bought all of these homes when the interest rate were low and turning a profit, increasing the comparative markets which increased the home price in the surrounding markets. As well investment companies buying homes as rentals and raising the rent prices to keep with their profit margins. Now that interest rates are going up and over doubled investors are pulling out of the market as they are not able to turn a profit after all monthly expenses.
Take from a real estate investor, Janet Yellen and Jerome Powell will be taking away the punchbowl soon and prices will crash. Don't overpay in this market! Small investors can compete with large hedge funds and Wall street banks. Keep in mine markets with low inventory but high out of state demand can't depend on demand staying this high forever!
Housing prices are unaffordable for many with annual incomes under $50k. When interest rates go back up, it will only stop the runaway price increases, but prices won't go lower. Unfortunately, $400-500k for a house is the new normal like San Jose and Southern California.
The delay in building houses to meet the demand has exceeded the time frame making it impossible to catch up per the population growth. There is a shortage of labors, and materials, and there is the supply chain backlog. There is a marginalized profit in "affordable" housing that is overshadowed in building luxury housings. Builders are constructing new communities of rentals that will cannot be purchased. These are a few reasons and I hope other people will add more.
You been out here to the edge of Vegas? They building way the f out to the middle of nowhere now...I honestly don't think they can keep up with this much longer
These people are lucky. Vegas is considered dirt cheap compared to San Jose CA. An old 3bed 2bath 1300sqft home in San Jose is about 1.4M. I can sell my house San Jose and buy a huge house in Vegas.
Yeah but California's real estate market has been a joke for several decades so them, Seattle, Portland, NYC, Miami, and even Denver are so inflated it is a ridiculous. Californians moving and buying these home at these inflated "cheap" prices you say is the problem. I don't blame them however California and investors is a lot to blame for the inflated home prices in the SW.
I would agree to buy a home now if this was natural but it’s not the current vehicle/housing market crises is all man made. Inflation cost of living cost of supplies all have tripled since the pandemic ended you will loose more than half your homes value if you buy. The worst part of it all it’s not the family’s buying homes that are causing this problem that’s a foot note compared to the real problem where landlords are buying up homes to rent out either for family’s or for air bnb. I say wait it out as long as possible if it’s not necessary then don’t buy a home unless you need to get out of where your at.
Olivia is the same lady selling her house for a lot more than what she paid for in another segment but having trouble finding a home for 6 months. Come on now.
3 bathrooms for 3 people is a bit much... she's reaching for things that she could easily scale back and still be comfortable.. I kinda think this is on her...
Wish there would be one, but this affordability crisis isn't like what happened from 2000-2008 with banks giving mortgages to buyers that couldn't afford them, liar lians. This crisis is based on supply & demand and the buyers are upper income, they can afford to pay in full for houses.
@@emailuser8668 they are allowing hedge funds to buy up all the houses and CHINA is buying up a lot of land and houses as well. This should be illegal.
@@emailuser8668 Yes, this is totally different and opposite 2008. buy a home while you can. Scant building for 12 years and REIT buying up as much as they can.
@@eckankar7756 So true, many locals have been priced out of the rental & housing markets. Inept state/local government has done nothing to help working families, they only give funding for a few section 8 apt complexes that have long waiting lists before construction finishes. There's a new lofts/townhouse complex being built in a not so good area- E Charleston & 25th St, near Eastern/Fremont,, the billboard ad for Urban Lofts says units will start in the $400,000 range. Who can afford that? So how is blaming Californians not fair? Las Vegas is becoming like Southern California- a rip off.
No. My home is paid for. My taxes and insurance is $107. a month. I worked 2 jobs to afford a house, now I'm coasting down stream comfortably as I go into retirement. Knock yourself out working while you're young so you can kick back when you're old.
@@skylerjacobs7422 $60/an hour in California isn't that impressive lmao. That's like under $40/hour in surrounding states which is respectable but you aint slinging "mad racks" lmao.
I feel bad for the millennials. Even with 2 incomes , its almost impossible for them to get started in this insane housing market.
My friend and his wife just moved back to San Diego from Las Vegas he said the coat of living has gone up drastically and he and wife didn't have a strong network so their family took them in. It's bad when you left California because of the cost of living only to move back for the exact same thing.
I am gen z and I don’t see myself buying a home… I could never afford it
@@robertmartinjr.6292 lol SAN DIEGO IS WAY WAY MORE EXPENSIVE then las vegas.
@@professorfinesser4015 yeah but it stopping the housing market. The housing market in San Diego is hotter than fish grease in july.🤣
@@whatever5922 Gen Z should be heavily invested in stocks or crypto! step it up
Get rid of investors in family housing. Foreign investors bought half of Vegas in 2008. They bought entire neighborhoods of "zombie" houses remember? Sickening for working families who dream of a home
I agree with you 100% wholeheartedly bad them from buying single family homes
REIT businesses have bought up millions of homes in the USA. I looked up 24 REIT companies on line recently, ALL owned at least 40K homes that are now all rentals. No going back, they are turning the country into generational renters. What will they do at retirement if they don't have a paid off home? REITs are also buying up nursing homes!!!
"AFTER PAYING OFF 98 THOUSAND IN STUDENT LOAN DEBT, I'M PRICE OUT OF OWING A HOME IN THE WASHINGTON DC AREA. I'M DONE WITH THE "American Dream"!"
why give up listen to cardi b for motivation
$98k? What is your degree in?
@@llibressal probably liberal arts.
Keep going...save up a nest egg so you can POUNCE when that one deal opens up for you. You only need one good find...be absolutely ready when it happens. Get pre approved and keep that updated as you save up a down payment. Don't stop now, one property and you will be building wealth that will benefit you for the rest of your life. I bought later in life but so glad I finally did get a home and worked 2 jobs to pay it off. I'm about to retire and now only have insurance and taxes to pay: $107. a month for housing!!!! It's well worth the effort. NEVER STOP GOING FORWARD. Thank you Dave Ramsey.
Literally watched a news video where the builders said they are controlling their build times. Builders are sitting on lots letting prices rise instead of building and selling ASAP.
These new houses in these new communities aren’t even worth $ 250,000 let alone $ 400,00. 👎🏻💩🤮
Phoenix is out of control outrageous for old crappy houses that need work.
Economy has changed with inflation, so yes they are worth 400,000 now, and will be worth more next year.
@@arttaggerr2233 Absolutely true
@@arttaggerr2233 this will not age well haha.
That city doesn't have the appeal it once did to me. Station Casinos did away with their buffets permanently. The traffic is getting pretty nutty and the water is indeed something that really needs to be addressed with a solution. I will just visit for now but wish you all luck out there whether coming or exiting.
Yeah wtf happened to Station Casinos, used to be all about locals...now it's just a big corporation money machine just like the rest of em
Why would you ever want to buy a home right now at the high point of the bubble market? I would wait until the financial crash and then buy at more realistic prices.
It's only a bubble if it crashes. If it doesn't, it is just the new normal. Good luck waiting 5+ years
@@lordy1952 It will happen this isn’t natural high fuel cost high material high cost of building. The market will crash and crash hard if you buy a house for 800,000 right now you will loose more than half of its value unless you plan to live and keep it for generations to come then I guess go ahead and buy. It’s like the current car manufacturer crises where dealers are giving more for trade in’s than ever before that won’t last at all the current vehicle/housing market crises it’s all man made it won’t last.
@@lordy1952 I don't think you understand how the state of the economy. We are in a extreme financial bubble, probably close to a 1981 recession based on experts analysis. We have a major debt crisis looming. We have extreme low unemployment rate, with more debt to wages. We have runaway inflation. This means that people will eventually run out of money as they are not earning more than what they are spending. You can't kick this can down the road any further. The feds will be extremely aggressive with the rate hikes to try to curb inflation, however they let inflation go on too long with the low interest rates, the stimulus packages etc. Now they are going to go full bore rate hikes and this will crash the real estate market, along with the equity markets all in hopes to bring inflation down. The rate hikes are already causing trickling affects in the real estate market now in some cities.
What’s crazy is in San Diego median home price is almost $800k doesn’t really mean we’re all making double everyone compared to vegas
The American Dream is dead. Milllenials are the generation suffering the worst from these insane prices.
KTNV thanks for doing this story on home purchases.
We lived in Henderson in the early 1960s...it was so cute back then. Judy Garland was our neighbor
Try Bullhead City, Arizona/Laughlin, Nevada area. Homes are STILL cheap in Old Bullhead, but not for long.
She is looking for 3 bathrooms for 3 people. Hello that is rare. I suggest get 2.5 bathrooms then renovate to a full 3. Or wait for market to crash.
I wouldn't buy there or anywhere on the Southwest or Pacific South, supposedly the Colorado River is drying out.
I agree, there is no water security there.
Probably better to rent . They could end up like Detroit.
Water scarcity will be a big problem in deserts.
You can always move to North Dakota, i'm sure that you can get a nice home there that will well exceed what you could have gotten in Vegas.
I got a friend that lives in South Dakota he called yesterday it was -8° that's cold 🥶 cheap but a icebox in the winter.🤣
I looked at Nebraska and Oklahoma recently... THEY'RE JUST AS EXPENSIVE. Except worse, because there's no quality of life. People still want to enjoy life after buying a house ffs.
The problem is that you have all these people from different states taking everything from us nevadans that's not fair especially California people coming here I think they need to change the law those that haven't been here for four years don't deserve to buy a house yet and let nevadans buy house first knowing that they've been here for 10 years or longer to get seniority first but again Money Rules the world.
Can't do it, we are the UNITED states. California has the $$ from insurance due to the fires and selling off expensive homes. I didn't buy a home till later in life as I was living in a fantasy world. Started watching Dave Ramsey and grew up, finally. I'm about to retire, just paid off my home. I'm 69 years old and have been working 2 jobs for 15 years to finally get my life in order. Now my property costs are just taxes and insurance: $107. a month...perfect for retirement. Wish I grew up earlier.
This is stupid. Move to a less expensive town. You'll find cheaper options. Not everyone needs to buy a $400,000 home. I can guarantee when the crash happens, the people who got the big bank loan will be upside down...and house value will sink.
Sweetie in a boom market you look for a house....NOT the perfect house. You then bank the appreciation and in a year or two when things normalize a bit you can start looking for that "perfect home".
🙌🏻
It's been "a year or two" sis, when are the prices coming down? They're not, there's still no supply and 200% demand.
Sweetie is greedie. I bet she has fancy cars and new phones.
She needs to be working 2 jobs and banking up a major deposit. It's only going to be getting higher in price for at least 10 years.
@@eckankar7756 please don't listen to this because this will not age well lmao..
Prices are ridiculous. Homes now are double or even triple their worth nowadays
@Eduardo Ruiz no all I see is la people coming in at higher rates
@@damien1781 Unless there's a way to stop the wealthy Californians that sold their houses for $700,000-$2 million. Locals have been priced out of the market.
For a family of 3, she should also consider looking for a 2 bedrooms 2 baths, it will give her more options.
Yeah, that was my first thought. Like the stones song "you can't always get what you want" you get what you need.
Let’s start saving our money and be ready when the market crashes it can’t stay like this forever everything that goes up has to come down and I’ll be ready for it
This whole show is about to blow up people wake up!!!! Don't buy! Just sell smh!!!
stop buying where you want to live buy where you can afford
If you're a male. Women cannot just live in any shitty neighborhood.
Lady in video wants 3 bathrooms for 3 people. My first home buy had 2 bathrooms for 6 people. People are too greedy nowadays.
That's the stupidest thing I have ever heard.
@@duancoviero9759 keep living where you can't afford and never own anything where you live
@@pennypinchhomefinder7887 Absolutely true
Sometimes folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. Rents are high, but you can STILL buy a mobile home of your own for only $100,000. That’s right, only one hundred thousand, AND that includes the land approx. 50’x100’. Seriously, you have the Colorado River is walking distance away with nine gambling casinos on the river bank on the other side in Laughlin, Nevada. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation, IMO.
I have friends that bought at Fort Mojave, very affordable, clean air, close to the Colorado river, they fish a few days a week. the bought a cute fixer upper house for $120K. didn't need all that much work.
Nice to know the mobile homes include the land they are on!!!! That's a deal
I wouldn't want to buy a house in a desert.
$400,000 housing price is cheap compared to the housing in LA San Diego and San Francisco. In my community here in Carlsbad houses the average median price is $900,000 upwards to well over a Million dollars.
Correct. You are next to the ocean, can drive to the beach, and do not endure 110 degree weather in the summer.
Our homes here in Las Vegas are NOT worth $400,000.
They DEFINITELY are NOT worth 400k....SERIOUSLY
Vegas......definitely not worth what people are paying......bo way
That was a year ago there are a lot of houses for sale currently unfortunately they are priced out of reach for most buyers
It’s going to end so bad for Nevada they are raising prices on everything EXCEPT MINIMUM WAGE😂 they will lower the prices when they realize they are not California and have a labor shortage
Yup... we are building a fake economy made of shiny Californians.
None of the jobs out here would satisfy these crazy prices.
i kinda hate watching this its just so stupid to buy right now and the last several years even. some say well me need a place to live how about something cheap like a mobile home? rough it out for a while but american need that instant gratification and no i cant be seen in a TRAILER yeah well while some of friends are taking advantage of a near crash (and dont call of the possibility of a GREAT DEPRESSION style crash) its been 100 years and the past few years have truly been stuff we haven't seen in decades. All i can say is pain for those people buying or maybe they have lots of weed and can smoke through the next 10-20 years and sell for profit cheers i guess...
I think I'll investors should be banned from buying homes that they turn around and try to rent out for thousands of dollars a month it's ridiculous all investors all investors should be banned from buying single family homes apartment buildings fine whatever single family homes leave them for families that need to buy a home that they can afford
Its going to crash like it always does. Chill out...
Realtors have a lot to do with the price of the homes. The higher the price of the property the higher their fees. GREED.
Yep, they have had windfall profits in the last 5 years since 2016 when housing prices started to go up, it really got bad starting in 2019. If the Nevada legislature imposed a windfall profits tax on realtors that made more than $500,000 in profit annually, the money could be used to help reduce property taxes on residents with incomes under $50,000 a year.
But, don't hold your breath, Nevada officials and the governor hate working families and don't give a dam if they're priced out of the market and are forced out of town. Thanks California for ruining Las Vegas.
No it is investors that bought all of these homes when the interest rate were low and turning a profit, increasing the comparative markets which increased the home price in the surrounding markets. As well investment companies buying homes as rentals and raising the rent prices to keep with their profit margins. Now that interest rates are going up and over doubled investors are pulling out of the market as they are not able to turn a profit after all monthly expenses.
Take from a real estate investor, Janet Yellen and Jerome Powell will be taking away the punchbowl soon and prices will crash. Don't overpay in this market! Small investors can compete with large hedge funds and Wall street banks. Keep in mine markets with low inventory but high out of state demand can't depend on demand staying this high forever!
You need to move to towns, cities and states that you can afford.
Wait couple years .
So it could be a lot higher?
@@rainydays516 I don’t think so the demand is very high Eventually it will die down interest rates will go up and i think it will go down .
@@mesropmadzharyan6727 people flocking here is not getting less n less lol we'll see in a couple of years
Housing prices are unaffordable for many with annual incomes under $50k. When interest rates go back up, it will only stop the runaway price increases, but prices won't go lower. Unfortunately, $400-500k for a house is the new normal like San Jose and Southern California.
if ppl cannot see the grim future of LV real estate, then they deserve what's coming :D
What are you saying IS the future of LV real estate ?
@@jstratten5326 Corporations will own most of the residential real estate in LV and drive up the rental market.
@@marrywhowanna thank you 🌼
Very simple anybody moving to the state has to wait a minimum of 2 years Being a Nevada residence to be able to buy a house
If there is that few homes, why can’t they just build more to meet demand?
The delay in building houses to meet the demand has exceeded the time frame making it impossible to catch up per the population growth. There is a shortage of labors, and materials, and there is the supply chain backlog. There is a marginalized profit in "affordable" housing that is overshadowed in building luxury housings. Builders are constructing new communities of rentals that will cannot be purchased. These are a few reasons and I hope other people will add more.
You been out here to the edge of Vegas? They building way the f out to the middle of nowhere now...I honestly don't think they can keep up with this much longer
Supply chain disruptions , eviction moratorium and rent control have scared builders. Renters rushing to buy. Prices go up.
These people are lucky. Vegas is considered dirt cheap compared to San Jose CA. An old 3bed 2bath 1300sqft home in San Jose is about 1.4M. I can sell my house San Jose and buy a huge house in Vegas.
Yeah but California's real estate market has been a joke for several decades so them, Seattle, Portland, NYC, Miami, and even Denver are so inflated it is a ridiculous. Californians moving and buying these home at these inflated "cheap" prices you say is the problem. I don't blame them however California and investors is a lot to blame for the inflated home prices in the SW.
Yall don't see what the it doing yet?
I would agree to buy a home now if this was natural but it’s not the current vehicle/housing market crises is all man made. Inflation cost of living cost of supplies all have tripled since the pandemic ended you will loose more than half your homes value if you buy. The worst part of it all it’s not the family’s buying homes that are causing this problem that’s a foot note compared to the real problem where landlords are buying up homes to rent out either for family’s or for air bnb. I say wait it out as long as possible if it’s not necessary then don’t buy a home unless you need to get out of where your at.
gotta buy cash people....problem solved. you're welcome.
Olivia is the same lady selling her house for a lot more than what she paid for in another segment but having trouble finding a home for 6 months. Come on now.
lol I know right?
3 bathrooms for 3 people is a bit much... she's reaching for things that she could easily scale back and still be comfortable.. I kinda think this is on her...
Eva Longoria has gained some weight- No offense she is still beautiful
Lol... I was never gonna buy a house that you can lose because of property taxes..
Property taxes? Are you high? It's very low in Vegas compare to the east.
@@dadmalafrance4417 are you high.. you didn't know that
@@mycommentskeepgettingdelet184 Take your meds.
@@dadmalafrance4417 shows facts or shut the fxkk up
Rushing to buy a house huh? Might be a fool move If u ask me. And here I'm waiting to buy the same house u bought for 800K for 400K
don't worry when the housing market crash it will be plenty for sale
not when it’s owned by wall street. our government works for them
Wish there would be one, but this affordability crisis isn't like what happened from 2000-2008 with banks giving mortgages to buyers that couldn't afford them, liar lians. This crisis is based on supply & demand and the buyers are upper income, they can afford to pay in full for houses.
@@emailuser8668 they are allowing hedge funds to buy up all the houses and CHINA is buying up a lot of land and houses as well. This should be illegal.
@@emailuser8668 Yes, this is totally different and opposite 2008. buy a home while you can. Scant building for 12 years and REIT buying up as much as they can.
@@eckankar7756 So true, many locals have been priced out of the rental & housing markets. Inept state/local government has done nothing to help working families, they only give funding for a few section 8 apt complexes that have long waiting lists before construction finishes.
There's a new lofts/townhouse complex being built in a not so good area- E Charleston & 25th St, near Eastern/Fremont,, the billboard ad for Urban Lofts says units will start in the $400,000 range. Who can afford that? So how is blaming Californians not fair? Las Vegas is becoming like Southern California- a rip off.
I had to move back to my parents home. I am so mad when I watch this
Why would anyone want to live Vegas been there twice love Michigan!!
Arizona, here we come! 🤣😂
Prices are higher in Arizona.
Alaska?
Arizona is more expensive than Nevada. We have more to offer here.
Whatever you guys were going to save in buying a home they took it up front.
No. My home is paid for. My taxes and insurance is $107. a month. I worked 2 jobs to afford a house, now I'm coasting down stream comfortably as I go into retirement. Knock yourself out working while you're young so you can kick back when you're old.
How many Air B and Bads do you have in Vegas? I am willing to bet...TOO MANY
OUTRAGEOUS
I would never buy here
Tell the Democrats to call Joe Biden he'll fix it
change your standards or get a better job, stop the pitty party
That new states $ coming in
Lmao what I mean is people from new states bring in that $ not locals lol u guys are cashing out worse then Californians ha
@Eduardo Ruiz Nope...we are still buying your trash Mr Ruiz
@@skylerjacobs7422 I make more than that in 5 minutes...
@@skylerjacobs7422 $60/an hour in California isn't that impressive lmao. That's like under $40/hour in surrounding states which is respectable but you aint slinging "mad racks" lmao.
I am selling one my homes in Las Vegas. Anybody
If you're absolutely serious let me know. I'll have you over 50k asking price. Done.
One of your homes? Bitch take your landlord ass outta here, you're part of the damn problem!
Where and how much
b paradise Valley Arizona
Economy is coming down there will be plenty of houses .