[waltchan]

Originally Posted by longviewJoe

Merced has lots of room to grow and everybody will magically want to move there to be with all the people that "California government transports all "caravan" migrants from Central America by bus to Merced county."

These "caravan" migrants will be asked to build new roads, new buildings, and new homes in Merced County, as part of the Green New Deal, in exchange for free food, free land, and free housing. Then their free homes suddenly worth over $250,000 overnight. Not a bad way to jump start your California golden dream for your kids.

https://www.drhorton.com/california/...erced/panorama

Good deal... (maybe).

Originally Posted by longviewJoe

Therefore Merced is better than Las Vegas for future growth prospects and will one day be an entertainment destination similar to Las Vegas but more of a an international party scene like Belgrade, Serbia. I get it. That makes sense. I wonder what show Cirque will open first in Modesto!? The future is bright in Merced! Woooooo whooooooo!

If you're an ambitious investor with lots of cash around, anything is possible to change the world, actually. 99% of world population are followers.

[Mariza160]

Originally Posted by timothyaw

He's just a troll

But at least he is a self-described educated troll and very entertaining at
that. I like how he is all-in on Merced. Hard to find passion like that
these days!

[waltchan]

Originally Posted by Mariza160

But at least he is a self-described educated troll and very entertaining at
that. I like how he is all-in on Merced. Hard to find passion like that
these days!

Thanks. I don't mean to sound like a troll here, but my background has always been in the entertainment music industry field since I was a freshman student at UC Riverside, while trying to keep my fans informative. If not for this guy I accidentally met at dorm-room hallway (who happened to be the brother of lead-singer for Trapt rock band, and my roommate became best friends with him), I would grow up working in medical field instead. God bless... Don't waste life.

[tonyleoni]

Originally Posted by luckydogg

If someone just wants the cheapest new home they can find and stay within the California border, then look at Bakersfield. New homes in the 200's. But you gotta live in Bakersfield, that's the only catch.

Bakersfield can't be all bad. Seems to be a preferred city for registered sex offenders:


According to homefactsDOTcom: "... 1,517 registered Sex Offenders in Bakersfield, CA, a ratio of 42.30 Sex Offenders per 10,000 residents. This is higher than the national average of 19.30 Sex Offenders per 10,000 residents. 4 out of 5 public masturbators recommend Bakersfield."


Ok, I made up that last sentence and have no idea whether the homefacts is a reliable source. Megan's Law database has the ration of offenders versus not registered sex offenders at 1:329.

[dontbelievehim]

Any updates, Mr. Merced?
You worried about the upcoming recession, Walt?

[waltchan]

Originally Posted by dontbelievehim

Any updates, Mr. Merced?
You worried about the upcoming recession, Walt?

Yes, Las Vegas will be hit very hard. Too many homes produced, too much competition to compete on price, equal lower home prices, plus lost of money.

[JonathanLB]

No worse than anywhere else. Tourism will be back and when it is, people will be ready to party. When the 1919 baseball season was cut short intentionally because of the pandemic and World War I, they assumed they didn’t need as many games (140) because people weren’t ready for baseball yet. But nothing could have been further from the truth as every game was sold out basically and it was a great year for attendance. When this is over, and it’ll end before too long whether that’s 2-3 months or 4-5, people will be ready to get out and enjoy their lives again.

[2sleepy]

Originally Posted by tonyleoni

Bakersfield can't be all bad. Seems to be a preferred city for registered sex offenders:
According to homefactsDOTcom: "... 1,517 registered Sex Offenders in Bakersfield, CA, a ratio of 42.30 Sex Offenders per 10,000 residents. This is higher than the national average of 19.30 Sex Offenders per 10,000 residents. 4 out of 5 public masturbators recommend Bakersfield."
Ok, I made up that last sentence and have no idea whether the homefacts is a reliable source. Megan's Law database has the ration of offenders versus not registered sex offenders at 1:329.

I wouldn't want to live in Bakersfield but using data like that ^ to prove that it's a bad or dangerous place to live is just absurd. The reality is that:

90% of child victims know their offender, with almost half of the offenders being a family member. Of sexual assaults against people age 12 and up, approximately 80% of the victims know the offender. https://www.sdcda.org/preventing/sex...-offenders.pdf

And I doubt if most of the registered sex offenders in Bakersfield are even from that area, they tend to move to lower rent areas where landlords don't do background screenings.

[waltchan]

OP here, and I want to revive this thread because Sands just sold the Venetian, Palazzo, and others on the Strip, which marks the end of Las Vegas, and early-stage of exodus migration, I think, possibly back to California (this time in central region, with Merced, CA being the new flagship). Las Vegas also has no plans to open up a well-ranking university at anytime soon, and the closest campus is UC Riverside for the Las Vegas commuters.

What do you think? Will Las Vegas gradually become a high-tech, Silicon job creator, or Great Depression 2 with no decent jobs by 2030.

[Dom Cobb]

Originally Posted by waltchan

OP here, and I want to revive this thread because Sands just sold the Venetian, Palazzo, and others on the Strip, which marks the end of Las Vegas, and early-stage of exodus migration, I think, possibly back to California (this time in central region, with Merced, CA being the new flagship). Las Vegas also has no plans to open up a well-ranking university at anytime soon, and the closest campus is UC Riverside for the Las Vegas commuters.

What do you think? Will Las Vegas gradually become a high-tech, Silicon job creator, or Great Depression 2 with no decent jobs by 2030.

It’s going to be neither. It will be what it is today, albeit with a slightly more diversified economy with more warehouses and small companies and people who work from home for large organizations based elsewhere.

The exodus from CA and the Midwest and Northeast is real. I’m expecting at least a 2% population gain here in LV each year. There are too many people who are leaving the high cost of living and bad weather for LV. Even some of my friends are considering moving and they are high earners who can work remotely now. That’s why there is less than a months supply of homes for sale right now and builders have stopped releasing lots as they can’t deliver as fast as they can.


OP - spend some time here and you’ll see that there are tons of large construction projects in the Valley. In the south west alone there are 3 200 mill plus mixed use residential projects being worked on right now with completion dates for 2022.

Casinos will be fine. They are not going anywhere. Conventions will come back, for the most part - with some changes. People will still come here to have fun, spend more money than they want to. It’s the circle of life.