Tuesday, September 27, 2011
Las Vegas Abandoned Foreclosed Homes
Nevada homeowners simply pack their belongings and abandoned entire properties in Las Vegas without notifying the gas department, post office, or city water - The message is clear, especially since retirees planned on living in Las Vegas forever. As these settlers leave town the way tourists exit by car with the attitude of, “I saw Las Vegas and got it out of my system. Now I am headed off to the next city.” I know that with this attitude that we have a historical ghost town in the making. Without proper leadership, the banks won’t gamble on a bad loan. We bought this house when it was $450,000, but felt more like $525,000 after repairing plumbing problems. Las Vegas’ water supply has minerals that eats across metal pipes. The house is now worth $120,000 and that price falls by the week. What company is going to offer insurance to a new business built on quick sand? Students pay more tuition as classes are being cut. Construction is on permanent hiatus because foremen aren’t getting paid. Dishwashers are using less water to soap silverware. Experienced cooks picket outside of large restaurants with signs to complain. The cooks were replaced with cheaper workers at the grill. Dishwashers that split their time between tossing a salad and bleaching bowls used to toss that salad. Plus where do the green leaves come from if there are no farms around town used for picking lettuce? Far away, none of the food is picked fresh. All the imports have to be brought in by truck and the trucking companies are complaining that the baby boomers in the industry are quick to retire. Time for my family to follow the truckers and fly out of Vegas.
Reporting on the Economy in Las Vegas, Nevada.
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