Not just cheap property but quality property. Want to live in a new high rise condo? Plenty of options remain from the building bust.
Very fast flight from LA, fast flight from SF. Massive amount of business travelers for conferences. Largely because of the proximity to California Vegas has a fairly good pool of employees. There are a lot of promising alternatives that just fall flat on their face in this regards (whether you have a tech startup or a factory, good luck in Miami.)
There is plenty to not like about Las Vegas but it is one of those places things make more sense when closely examined.
Water is a long term concern but depending on climate change, 200 years out a lot of major world cities will be gone, Las Vegas may very well still be around.
It's also fairly natural-disaster resistant. We get floods now and again, but that is managed fairly well. Otherwise, we aren't very susceptible to tornadoes, hurricanes, tsunamis, earthquakes, etc.
Not just cheap property but quality property. Want to live in a new high rise condo? Plenty of options remain from the building bust.
Very fast flight from LA, fast flight from SF. Massive amount of business travelers for conferences. Largely because of the proximity to California Vegas has a fairly good pool of employees. There are a lot of promising alternatives that just fall flat on their face in this regards (whether you have a tech startup or a factory, good luck in Miami.)
There is plenty to not like about Las Vegas but it is one of those places things make more sense when closely examined.
Water is a long term concern but depending on climate change, 200 years out a lot of major world cities will be gone, Las Vegas may very well still be around.