Quote:
Originally Posted by lazycash
Yeah as I said, I would guess that the development that you are talking about won't follow the normal Vegas real estate trends. However, do some research and you'll find that the real estate market there is in a major slump, more so than almost anywhere else. If you're not buying it with the notion of flipping it then you really don't have anything to worry about assuming you are able to rent it out as you'd like.
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Yeah I wasn't really wanting to bust anyone's bubble, but Vegas and condos haven't had the best track record for the last few years.
Many condos were stopped from even breaking ground because no one way buying. There were some bad deals with others, some never sold out ...