From: user@127.0.0.1
Newsgroups: alt.invest.real-estate alt.real-estate misc.invest.real-estate
Subject: Re: Condo Outlook in Las Vegas?
Date: Sun, 08 Apr 2007 05:39:09 GMT

You can get a lot more for your rent money than you can if you bought.

Rent for now.




On Sat, 7 Apr 2007 15:23:17 -0700, "pjbphd"  

wrote:

>My job will be taking me to Las Vegas for two weeks a month for the next 
>three to five years.  I'm trying to decide whether I should rent an 
>apartment or purchase a condo.  One factor I need to consider is the 
>projected real estate market, particularly for condos, in Vegas.
>
>I realize of course no prediction is fool proof.  The Vegas real estate 
>market in general has been expanding at an extremely high level the past few 
>years, but like many other parts of the US, it's flattened out lately.  I 
>don't know if the condo market in particular is overbuilt and what the 
>projected inventory is or will be over the next few years.
>
>Of course if I talk to the real estate industry they will tell me it's a 
>great time to buy;  if the market is down because it's a buyers market and 
>if it's up because properties are appreciating so quickly.  I'm looking for 
>a source of some unbiased statistics and projection understanding that any 
>investment involves risk.
>
>Any help or guidance is appreciate.  I already have a realtor so please no 
>trolling.
>
>Thanks
>
>pjbphd