billddrummer

Nevada: More Than Just Gambling?

Followup to my last comment:

One of the reasons NV, and particularly Northern NV, is so popular as a warehousing hub is because it's within one day's drive of major metro areas (SF Bay, Bakersfield, Portland OR, Salt Lake City, UT). Represents nearly 50 million people altogether. Add to that the fact that weather is typically good year round (300+ sunny days/year, little snow/rain) and it's perfect as a distribution center.

The downside to that is that modern warehouses don't need lots of people, so employment growth isn't as robust as we'd like. The recent challenges in the housing market have dealt severe blows to construction employment, which represented nearly 20% of workers at the peak of building here back in mid-2005. That sector is down about 30%, maybe more.

But it's still a nice place to live.

Nevada: More Than Just Gambling?

Another industry that's popular in NV is warehousing. There's no inventory tax either, and companies with large distribution needs have leased or purchased millions of square feet of warehouse space in Northern NV along a corridor stretching from Reno to Fernley (approximately 40 miles).

In addition, the largest industrial park in the world is being developed east of Reno. The Reno Tahoe Industrial Center targets companies needing large acreage for warehousing, heavy machinery production, building materials manufacturing and distribution, and more. Wal-mart built a 1 million s.f. grocery distribution center in the business park as the first owner/user.

Read more here:
www.lancegilman.com/ma...

As far as prostitution, it's legal in rural counties, but illegal in Washoe and Clark counties (where 85% of the population resides). Brothels have been hard-hit by fuel prices. A good percentage of their clientele is truck drivers, who are still paying $1000 to fill their trucks. Before, when it only cost $400 to fill up, some drivers would stop to relax.

I love NV. Lived here for nearly 30 years, and don't see myself moving away.