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Originally Posted by BLish
so it would probably piss you off if i told you that friends of mine bought a house near the airport back in 1996, 2 story, 5 bedroom, 2 car garage, and almost no backyard... for $195,000 and just sold that exact same house for $1.25 million. no joke.
man if i only f'n knew! haha. woulda coulda shoulda... oh well.
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Not really... My parents purchased a home for $217k in 1999 with 2k sq feet, 3 bedrooms and a strip view... The same is going for 500-600k.
I would have done the same except I was 18, just out of HS and just starting in this biz. Since I graduated college I've been able to afford things I once wasn't able to. I'm blessed. Sure I could get more back then with what I pay now, but thats just how things go sometimes. Vegas is still VERY reasonably priced for a large city. It's a slump right now, but I'd bet that we'll see increases again in 3-5 years.