IWishIWasAPro
EOG Master
Like this guy. Typically tells it how it is. Strange fellow that has no kids, lives in his van and stays at hotels/motels across America documenting whatever.
Vegas reality
- Thread starter IWishIWasAPro
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Hopefully his # of followers grows and the $9/hr employee types decide not to move here. But overall, a horribly inaccurate video
IWishIWasAPro
EOG Master
You sure he's that way off right now?
WildBill
2
If you are living in a van or have to live in one of the "$700 one bedrooms" this guy talks about, your life is pretty fucked to begin with. Those $700 places are hell, that's like your neighbors are going to be hookers and drug dealers all working from home. A decent place most of you would want to live in starts over $1000 in Vegas these days. For some reason, Vegas has always attracted these desperate folks. A few stick around, most leave, but those who stay live in squalor near the Strip. Almost every apartment you can find that's within a few miles of the Strip is going to be serious ghetto because of these people who move into the area and then never can do any better. So yeah I'd agree with him only if you are desperate, but then again, where else you going to go and have it so much better?
For those who aren't desperate, life is nothing like that. From my years living there I know hundreds of people at least casually in the gaming industry, I can't think of one without a job right now. Its hard to find good people to fill jobs on the professional side. Housing prices are going up despite all the warnings of utter hell coming, bidding wars for houses still happen in certain price ranges. I know a gaming industry exec just sold a house for just under 8 figures. He got 2 bids and took the cash offer. Is that a shitty economy in a desperate times?
For those who aren't desperate, life is nothing like that. From my years living there I know hundreds of people at least casually in the gaming industry, I can't think of one without a job right now. Its hard to find good people to fill jobs on the professional side. Housing prices are going up despite all the warnings of utter hell coming, bidding wars for houses still happen in certain price ranges. I know a gaming industry exec just sold a house for just under 8 figures. He got 2 bids and took the cash offer. Is that a shitty economy in a desperate times?
IWishIWasAPro
EOG Master
Interest rates great right now across America. Almost teases you into getting a house or another one. I have a feeling a lot of those bad areas will extend more in states after all this though.
Good post Bill. Pre-COVID, it was next to impossible to fill high paying low skilled jobs in Las Vegas. Convention work pays around $30 an hour for pushing crates and delivering furniture. The casino jobs he spoke about are filled via the culinary union, not "if you know somebody." Plenty of good constructions jobs. His video was a lazy misrepresentation of the employment scene in Las Vegas.
WildBill
2
Sure they matter, but talking with realtors and a loan processor I know they think its way overstated. People are just in a buying mood, they have been living in lesser houses or renting and want to buy. Interest rates just allows them to spend a little more, but its not making the difference between buying and not buying. There was a big generation that just didn't buy houses after the crash and they are finally 10 years later getting off the couch. Plus home building is ridiculously low, in the growth markets of the west they have built like 20% of the homes they should have based on traditional demand trends.
IWishIWasAPro
EOG Master
Interesting info Bill. I haven't been out there in years. Maybe this summer.
WildBill
2
Go in like spring when its nice and there are tons of things going on. Summer is horrible, 24 hours a day of misery with the weather unless being in a hairdryer is your idea of good times. I used to dread it when May rolled around, spent as much time getting out of there as I could until I realized I'm just better off living elsewhere.