[lisa99]

My husband and I close on a house in Vegas in early March. Here's the list of reasons why we chose Vegas (over Florida and Tennessee):

1. We both work in the IT industry, are telecommuters and can work from anywhere in the country that has a major airport BUT it had to be a state with no income tax
2. We LOVE the Vegas climate, the fact that there is so much to do outdoors AND we can catch a great show whenever we want.
3. We're coming from Texas so we also don't have an income tax, but the LV property taxes are peanuts compared to Texas.
4. We love the 'feel' of the city. The mediterranean vibe, the stucco homes, etc.

So don't count Vegas out. There is a WHOLE lot good about the place and if more people who can work from anywhere knew about the benefits of living in the Vegas area, I think more would come.

[MadManofBethesda]

I think another thing Vegas has going for it is the relatively inexpensive housing when compared to other major metropolitan areas. Every one to whom I 've shown pictures of my house have been drooling over its features and its ridiculously low price compared to similar properties on the East Coast. That beautiful house with the resort-like swimming pool in a guard-gated country club community is priced at what a one-bedroom condo costs in downtown D.C., much less a single family house.

[MadManofBethesda]

Originally Posted by lisa99

3. We're coming from Texas so we also don't have an income tax, but the LV property taxes are peanuts compared to Texas.

I heard that! With no state income tax, no mortgage interest, and a relatively low property rax rate, I may be filing next year using the standard deduction, something I haven't done since first joining the workforce over 30 years ago.

[Willy702]

I've said it many times on here, Las Vegas is the best deal around for property purchases in the developed world right now. That plus the relatively favorable business climate here makes it hard to bet against the city. Could it get worse? Sure for awhile, but just like the weather can be bad for awhile, but the climate doesn't change, the economy can be bad for awhile but the foundation of lower taxes and weather that draws people in doesn't change.

And anyone who doesn't think Brits know much about casinos and gambling obviously has never been there before.

[Mr.Willbur]

Bringing my buisness and family in 2 months. We are also relocating 2 employees and will be hiring 2-3 more when we come. We are not betting against Vegas but have faith that the odds are in our favor moving from California.

[Kaiminani]

Originally Posted by Mr.Willbur

Bringing my buisness and family in 2 months. We are also relocating 2 employees and will be hiring 2-3 more when we come. We are not betting against Vegas but have faith that the odds are in our favor moving from California.

I saw something about a proposed employer-paid income tax that kicked in once a business had paid out over $250K totalled across all employees. I couldn't find out if the measure had passed but it made me start to wonder if there were any other "surprises" for the self-employed and small business owners in NV.

[Tiger Beer]

Originally Posted by bascat348

Vegas wont ever be the way it was.The only thing that will make it the way it was if 1,000,000 people move here in a year.For the life of me I cannot understand why so many people are wanting to move to vegas and 90% of them have only been here on vacation.I go to other states on this web site and hardly any of them are talking about the things that goes on in this forum.

That isn't sustainable....and that isn't the way Vegas always 'was'. That's what it was like for a brief amount of time for several years.

Sorry, not attacking the post...just clarifying there is more to Vegas than just a place that was recording record numbers of people moving there for a few years in a row in recent years, which isn't sustainable anyways, and stopped.

[Willy702]

I think the migration into Vegas paused, but it seems to be perking up a bit again. Only thing keeping the net number down are the people who are moving back home due to the economy. If the real estate mess ever got cleared up in other states a full blown migration would be starting up again, people I talk to from other states are blown away at the real estate prices here. Relatively few places of any size are cheaper than LV anymore, even people in Texas talk about how affordable it seems around here.

Real estate market prices and weather aren't everything IMO, but they sure seem to mean a lot to people elsewhere.

[las vegas drunk]

Originally Posted by Willy702

people I talk to from other states are blown away at the real estate prices here. Relatively few places of any size are cheaper than LV anymore, even people in Texas talk about how affordable it seems around here.

Phoenix is much cheaper in housing than Vegas. My friend recently got a 5 year old/ 2 story house that is 4 bedrooms/3 bath, 2200 square feet in a nice area for $96,000. You could not find anything remotely close to that in Vegas for that price.

[KidsinVegas]

It's a fluff article written by a staff writer.