las vegas bites the dust

100hp honda · Post by **100hp honda** » March 15th, 2011, 7:41 pm

i guess this probly isnt new news

http://news.yahoo.com/s/ap/20110315/ap_ ... da_housing

Post by **AlisoBob** » March 15th, 2011, 8:12 pm

As dirt cheap as the houses have gotten in Vegas, you still cant afford one Clyde.....

iggys-amsoil · Post by **iggys-amsoil** » March 15th, 2011, 8:48 pm

Not to mention Abberations greating in the way.

the act of departing from the right, normal, or usual course.

the act of deviating from the ordinary, usual, or normal type.

I'm such a hypocrite

100hp honda · Post by **100hp honda** » March 16th, 2011, 5:53 pm

hell ya i would buy a pad in vegas. be next door to my hero mfdb

dannygraves · Post by **dannygraves** » March 16th, 2011, 6:53 pm

its not as bad as this article makes it sound. Houses are cheap, but when I was shopping and friends of mine were shopping it was actually hard to find a house. I would find a nice one and it already had 5 offers on it. All the empty homes are from people leaving right when they quit paying and the bank taking over a year to even enter the property let alone sell it. The gutted and beat up houses are being bought up by investors for cash at lightning speed. They fix them up and rent them out to people who just foreclosed on another house which is great, they will seriously buy a 3 bed 2 bath house where the kitchen has been gutted for liek $40k and I mean a nice house, then they rent the house out after fixing it up for like $1200/mo. the funny thing is a lot of them fix up the houses by buying stuff off craigslist from people gutting their house when it foreclosed. Basically the banks get fucked but its alright for everyone else. I don't know anyone who lost their house due to hardship, it was all just a matter of value... people bailed out on houses they couldn't afford when they bought them as they had no hope of making any equity.
BTW Clyde, the house next to MFDB is for sale for like $50k, I think.

Post by **AlisoBob** » March 16th, 2011, 8:46 pm

dannygraves wrote:BTW Clyde, the house next to MFDB is for sale for like $50k, I think.

If Justin would mow his lawn... I'd pop up to $85k .... easy.

dannygraves · Post by **dannygraves** » March 16th, 2011, 9:13 pm

yeah, no shit, his neighbor's cat shits in the grass and leaves hidden land mines

Flatbiller · Post by **Flatbiller** » March 17th, 2011, 5:19 pm

I bought my house in 08 for 195 now the same houses are going for 125, you just got to stick it out, it happened in the 70s it's a viscous cycle.

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las vegas bites the dust

las vegas bites the dust