Quote:
Originally Posted by greg80
I see masses of houses being sold for ridiculious low amount of money (at least comparing to EU prices). I am guessing there is way, way too much realestate and it's not worth to invest there, since the prices will not go up in decades with so much realestate on the market?
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Las Vegas will most likely not increase as you would think. There is a HUGE surplus of houses there. Builders and developers thought it was going to boom, but it didnt
Quote:
Originally Posted by greg80
If you buy a house and rent it out, would you make any money, or is rental market way down as well?
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You will only make money if you plan to rent out to college students that go to UNLV or people who have horrible fucking credit or bad history that no one wants to rent to. A friend of mine rented a huge house in Vegas for $700/mo