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Old 03-23-2012, 06:22 PM
 
4,038 posts, read 4,483,266 times
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Enterpirse? Primm Valley? I know most of the metro is surrounded by Mountains and Federal Land.
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Old 03-24-2012, 09:42 AM
 
Location: Beautiful Upstate NY!
13,813 posts, read 28,530,819 times
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Growth? I think most are just hoping for stabilization in the housing market, at this point.
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Old 03-24-2012, 09:59 AM
 
Location: Kingman AZ
15,370 posts, read 39,153,394 times
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says the man fron upsnake Gnu Yawk.
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Old 03-24-2012, 12:05 PM
 
15,879 posts, read 14,524,048 times
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^
Is he wrong? If there's going to be growth in metro Vegas, what's going to drive it? The casino business is break even at best at the moment. The growth for it's own sake industry is long gone.
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Old 03-24-2012, 03:10 PM
 
Location: Sunrise
10,864 posts, read 17,015,872 times
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Just like a broken clock is correct twice a day, he sometimes hits the nail on the head.
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Old 03-24-2012, 07:32 PM
 
Location: Las Vegas, Nevada
12,686 posts, read 36,393,597 times
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If I knew the answer to the O/P's question I'd be there buying land.
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Old 03-25-2012, 12:30 AM
 
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The thing to understand though is how the Nevada open property market works. Generally everything on the fringes of Las Vegas that don't have development are probably government owned or restricted. How you get it unrestricted is you play politics and usually the only ones strong enough to do this are developers with lots of money. You show politicians how your plan makes sense and most importantly how its going to put tax dollars into local coffers and they back you by requesting for government controlled parcels of land to be essentially allowed into private ownership.

So if you are just an investor thinking how can I get ahead of land grabs and movements in development, the sad fact is you really can't. You could invest in the general path of development, but these are kind of obvious. Where infranstructure in terms of roads and retail exist, the people and home and office developments will follow. But you couldn't look at a map and say 10 miles north of North Las Vegas off I-15 there is an obvious development opportunity so I want to buy in now. You just can't buy that land ahead of a developer.
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Old 03-25-2012, 11:28 AM
 
15,879 posts, read 14,524,048 times
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So what's your answer. Where is growth in Vegasland going to come from?

Quote:
Originally Posted by ScoopLV View Post
Just like a broken clock is correct twice a day, he sometimes hits the nail on the head.
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Old 03-25-2012, 11:30 AM
 
700 posts, read 1,331,323 times
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Quote:
Originally Posted by Willy702 View Post
But you couldn't look at a map and say 10 miles north of North Las Vegas off I-15 there is an obvious development opportunity so I want to buy in now. You just can't buy that land ahead of a developer.
Looking at a map and driving past there every now and then, I always think that will be the next place to be massively developed but when there is no telling. Funny seeing all the roads like Losee and Pecos ending at 215 but with a dirt "ghost road continuing on. I dont know how its zoned but, its in the sometimes flight path of the Nellis jets. But there are tons of undeveloped lots and empty retail spaces all over NLV and LV in general.
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Old 03-25-2012, 12:11 PM
 
Location: North Las Vegas
1,631 posts, read 3,955,704 times
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According to market watch the next boom towns in Nevada may not be the strip.
Nevada Mining Boom Poised to Benefit North Springs Resources ...




www.marketwatch.com/.../nevada-mining-boom-poised-to-benefit-n...


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