Reasons why NOT to buy in Las Vegas

[Ray Lim]

I found out that the prices for properties in Las Vegas right now are really low. And I was wondering if people were picking them up. And if not, why are people not buying properties in Las Vegas? Is there anything I should know about Las Vegas?

A quick reality check would be great.

[Richard Warren]

Originally posted by P NW:

Reasons NOT to buy?

Crime rate.

Like any city, Vegas is not crime free. However, also like any city there are good and bad areas. There is definitely gang activity in warzone areas. To imply that all of las vegas is gang infested is ludicrous.
If you mean that it doesn't rain every day, there are no tornados, hurricanes, freezing temperatures - yeah the weather is the pits. However, I happen to like 300+ days of sunshine and I'm proud of the fact that I don't own a snow shovel. It gets a bit toasty in July and August. But in 1902 there was a really nifty invention called air conditioning.

That's interesting - I don't gamble and I leave the shopping to my wife. Somehow I have no trouble finding things to do.

I left the northeast in 2003 and there is no way I would remotely consider moving back. Is Vegas perfect? Not by a long shot, but it's better than most places I've seen.

There are many reasons why Vegas may not be the best area to invest in right now. But the listed ones would indicate that you have never ventured beyond the tourist area. That happens to be an area that the majority of locals avoid like the plague.

:cool: