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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (28170)	3/14/2005 1:06:53 PM
From: orkrious	Respond to of 306849

all of the leveraged bubble chasers are going to get evicted from their houses only to find that rents have gone up significantly as demand will far outstrip supply. think of what that's gonna do to the CPI. will they then switch the housing component of the CPI to depreciating housing?

To: patron_anejo_por_favor who wrote (28170)	3/14/2005 7:47:57 PM
From: michael	Read Replies (3) \| Respond to of 306849

I think the rents rising in Vegas is temporary. There are so many properties being bought up by investors just planning on renting them out, it will keep a damper on price increases. Check out this search on Craig's List for brand new rentals: lasvegas.craigslist.org Also, if the property bubble does indeed burst, Las Vegas is probably in for the most pain of any area due to the huge building boom, overabundance of investors, and reliance on tourism as the main industry.