In fact, I'm amazed at how cheap water and labor are here.You are telling me that increases in expenses, asset values or interest rates make rents rise.

However, if you're in sales or marketing I would recommend going because it's amazing (yet truly saddening) to witness people running to the back to drop money on his programs.

The garbage hasn't been picked up in forever and the water has been shut off for weeks.

HI sailed through the last recession like nothing happened. so not true.. tourism hit an all time low.. prices dropped like everywhere else. they did not crater but they dropped.lots of different things going on that will help Vegas.. one that is major is SALT/..

Free glasses of water and bathroom use, at most restaurants, is a courtesy provided to current or (recognized) past customers, but not necessarily everyone asserting that they maybe will be a customer someday in the future.

We are seeing more and more sellers dropping their prices to find a buyer. 

Resulting in a decent amount of water damage in the basement. 

This would be in a flood zone that is considered low to moderate (X flood zone)  https://www.sacbee.com/news/state/california/water-and-drought/article170234577.html https://www.sacbee.com/news/state/california/water-and-drought/article170268322.htmlYOUR FLOOD NERd

I was called over to a property today due to a report of low water pressure and a leaky pipe.

Price has already dropped $10k in 45 days.