Document Type

Podcast

Publication Date

4-27-2011

Publication Title

Nexus series

Publisher

Black Mountain Institute; UNLV College of Urban Affairs

Abstract

Allan Mallach and Mark Stark reveal the results of careful study of the Las Vegas housing market. The predicted "ghost towns" of master planned communities have not materialized in the wake of the housing crisis. Most home buying is taking place in the edges of the Las Vegas Valley, while investors are snapping up properties in the core. As more and more homes in the downtown area are owned by absentee landlords, the spectre of urban decay looms. The key to stopping this is for landlords to make long-term investment in their properties, and for the city and the county to step up code enforcement to keep these neighborhoods viable.

Keywords

House buying; Housing; Inner cities; Neighborhoods; Nevada – Las Vegas; Real property

Disciplines

Demography, Population, and Ecology | Growth and Development | Infrastructure | Public Policy | Real Estate | Urban Studies and Planning

Language

English

Comments

Host: Dina Titus, University of Nevada, Las Vegas

Audio file size: 13.3 megabytes

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