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10-07-2007, 07:40 PM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,377 posts, read 3,639,866 times
Reputation: 1282
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Quote:
Originally Posted by AAPoolServiceLV
Not to mention all the hotels and casinos they are building, I think those guys did their homework if there was going to be a negative in demand for rooms and gaming.
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Yep...and don't forget to mention all the houses that "they" built, too! I think those same guys must have done that same homework...and "they" thought there was never going to be a negative demand for houses there. |
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10-07-2007, 07:47 PM
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Senior Member
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Join Date: Apr 2007
Location: Las Vegas, NV
1,798 posts, read 1,697,611 times
Reputation: 253
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Quote:
Originally Posted by jfkIII
Yep...and don't forget to mention all the houses that "they" built, too! I think those same guys must have done that same homework...and "they" thought there was never going to be a negative demand for houses there.
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Thats just not in Vegas though, its also in Phx and the Central Valley of CA (modesto, stockton..etc..) and Sacramento. They all have high forclosures and people with crappy credit. I think Vegas will have a demand for housing because of all the new jobs that are created, its just not single family home but apartments. |
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10-07-2007, 07:56 PM
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Saepe errans, num quans hesitans
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Join Date: Sep 2006
Location: NW Las Vegas - Lone Mountain
10,024 posts, read 9,035,961 times
Reputation: 1316
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Quote:
Originally Posted by jfkIII
Yep...and don't forget to mention all the houses that "they" built, too! I think those same guys must have done that same homework...and "they" thought there was never going to be a negative demand for houses there.
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What is a "negative" demand for housing? We sold a couple of thousand last month. Is that a "negative" demand?
Where does it turn "positive"?
The inventory is dropping. Does that mean that demand is now "positive"?
Do you have the faintest idea what you are talking about? |
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10-07-2007, 08:03 PM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,377 posts, read 3,639,866 times
Reputation: 1282
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It's rather simple....
A negative demand is when there are more available houses for sale than there are buyers for them [house prices go way down!]
A positive demand is when there are more qualified buyers than houses for sale [house prices go up.]
Trust me, the nation knows that, in Las Vegas, there is a negative demand for available houses.
Last edited by jfkIII; 10-07-2007 at 08:24 PM..
Reason: spelling
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10-07-2007, 08:16 PM
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Senior Member
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Join Date: Apr 2007
Location: Las Vegas, NV
1,798 posts, read 1,697,611 times
Reputation: 253
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When it comes to real estate, I think I will have a pro handle that.
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10-07-2007, 08:29 PM
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Saepe errans, num quans hesitans
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Join Date: Sep 2006
Location: NW Las Vegas - Lone Mountain
10,024 posts, read 9,035,961 times
Reputation: 1316
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Quote:
Originally Posted by jfkIII
It's rather simple....
A negative demand is when there are more available houses for sale than there are buyers for them [house prices go way down!]
A positive demand is when there are more qualified buyers than houses for sale [house prices go up.]
Trust me, the nation knows that, in Las Vegas, there is a negative demand for available houses.
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Prices are not "way down" in Las Vegas. So we don't have a negative market.
Prices are not "going up" in Las Vegas...so we don't have a positive market.
So it must be a "neutral" market.
Then again...maybe you have no idea what you are talking about?
The Nation hears things...but it knows very little and less than that about Las Vegas housing. |
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10-07-2007, 09:55 PM
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Saepe errans, num quans hesitans
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Join Date: Sep 2006
Location: NW Las Vegas - Lone Mountain
10,024 posts, read 9,035,961 times
Reputation: 1316
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Hey Sheriff your sort of place.
Here you go Greg...someone you can identify with.
Caught short and he fixed it. Your kind of guy...
reviewjournal.com -- Associated Press News (broken link)
I suggest we all help Greg and point out these kind of places where he could move and be happy.
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10-07-2007, 10:02 PM
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Certified Smart Axe:)
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Join Date: Jul 2007
Location: West Central LV
6,076 posts, read 4,742,243 times
Reputation: 1896
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waitin to see if Sheriff can 'spin' that to LV fault  |
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10-07-2007, 10:02 PM
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Senior Member
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Join Date: Mar 2007
318 posts, read 254,050 times
Reputation: 99
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That is the area of the country that I am from. This is about 2 hours away from where I grew up. Sad situation that is for sure. Many many people that live up there have older homes that they paid 30K for (yes 30K not 300K, and have an acre or two to go with it). NO JOBS and if your not the outdoorsy type, a pretty boring existance if you ask me.
A week before this they found a man guilty of shooting someone while hunting on purpose!
In other words, there are issues in all parts of the country. Maybe this one should also go in a different thread with our Eternal Optomist Sheriff.
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10-08-2007, 08:56 AM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,377 posts, read 3,639,866 times
Reputation: 1282
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A sheriff's deputy was only 20 years old??? Shooting at kids that were maybe 2 years younger than him??? Sounds like a high school shooting 2 years after graduation for him!
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