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Las Vegas IS a falling knife.
Jul 13 10:44 am
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All Comments by carey_jim »Semi-Upbeat Housing News [View article]
Las Vegas had the hottest year ever recorded last year and the most consecutive days over 110 degrees in its history: 15.
If location, location, location is the major determiner of real estate value then Las Vegas is a modern real estate Sodom and Gomorrah.
Even buying property there has become a gamble.
Never turn off the air conditioning and place your bets ...