In The News: Lee Business School
Las Vegas is growing. Stories say we’ll be at 5 million people by 2050, that 115 people are moving here a day, and Clark County is the number one destination for homeowners looking for a place to move. Now, cities progress through growth. But of course, we have our water issues. Maybe bigger than that, though, is our housing issue. We don’t have enough homes. For that matter, what’s the current real estate market look like? Are people still buying homes?
The Las Vegas Valley is the most searched place for relocating homebuyers in the nation, according to a new report.
Millions of people in the United States with federal student debt might have to readjust their spending this fall, when student loan interest and repayments are slated to resume after a three-year pause brought about by the COVID-19 pandemic.
Roughly 115 people are moving to Clark County every day, with the area’s population expected to surpass 3 million before 2050, according to a new report prepared by UNLV for local governments, putting extra pressure on a region already seeing a shortage of affordable housing.
Las Vegas finds itself at an interesting point in terms of demographics and real estate. UNLV’s Center for Business and Economic Research projects the valley will continue to grow year over year for the foreseeable future, adding 42,066 residents in 2023 alone. And National Low Income Housing Coalition estimates the valley is already short close to 84,000 low-income rental units, a number that has been steadily rising the past few years.
A new study by the ҳ| 鶹ýӳ shows an interesting trend in rent prices across the valley. Rent is increasing in lower-income areas while decreasing in higher-income areas.
The average rent prices are down in our valley, according to a July report, but a new UNLV study reveals the trend may only be happening in certain neighborhoods.
A UNLV graduate is bringing his company’s new line of cigarettes to shelves in Las Vegas in a bid to target smokers who want to quit with a low, non-addictive level of nicotine that will satisfy receptors in the brain while still reducing overall intake.
Imitation is everywhere – from fashion retailers such as Zara, Primark and, now, Shein building a solid customer base by providing swift cheap dupes of luxury label designs, to the more mundane vacuum cleaners and floor mop designs. For years, musicians have enjoyed successful careers performing as tribute acts, while artists and songwriters are adept at adapting old ideas to create something new. As the famous saying goes, “good artists copy, great artists steal”. Either way, it’s clear that copycat behaviour can be an effective tool in finding swift success.
The Arts District in Las Vegas has long been known for its eclectic offering of murals and shops, but the city is now focusing on boosting boozy businesses to spur more growth and development in that downtown cultural hub.
Low-income renters in Las Vegas are feeling the pain due to a rare market phenomenon, according to a new study from UNLV’s Lied Center for Real Estate. Director Shawn McCoy, the author of the study, said one graph tells a compelling story.
Low-income renters in Las Vegas are feeling the pain due to a rare market phenomenon, according to a new study from UNLV’s Lied Center for Real Estate. Director Shawn McCoy, the author of the study, said one graph tells a compelling story.