Saturday, December 13, 2014

How Las Vegas gambled on the housing boom--and lost

http://m.thenation.com/article/191777-how-las-vegas-gambled-housing-boom-and-lost

The Las Vegas area has no water and a mono-economy that depends entirely on gambling.  Here's a great idea:  let's start a huge housing boom and grow like crazy.  What could possibly go wrong?

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