The cost of living in Las Vegas may never be the same

[Coffee-xhkp]

We spend billions to assist other countries that hate us while neglecting our own. SMH

[ShannonsBibleStudy]

There are stories like this from all over the country. Working Americans are being priced out of America.

[prettyproletarian]

Pretty soon those who are needed to work will not be able to afford to live here. Then, there will be reports of severe labor shortage. It's almost like the city is turning its back on those whose hard work and heart went into making it.

[ald]

The way you stop this increase, move out of Las Vegas in droves. Don't pay it.

[marys]

This is happening in all major cities. Here in South FL we are experiencing the same thing. On top of housing, gasoline and groceries are shy high. No joke, toothpaste at my local grocery store is $4.75-5.50 for a single tube of toothpaste. This is at a chain grocery store, not high end store.

[clixyqueen]

Yes they went up on our Henderson apartment 500.00 dollars a month and now the month to month is 4400.00 how is this even legal we are moving out of Nevada this is scary

[mixflip]

2021 was a good time to leave Las Vegas. With all the California transplants...it was obvious rent and home prices would go up.

[eckankar]

currently in the US there are 400, 000 less available homes for sale than in 2019. For every 65 households that make $75k-$100K there is 1 house on the market in their price range. More people are renting so the prices are driven up by supply and demand. There are dozens of corporations that are buying up apartments and single family homes raising rent and making home ownership harder. In Phoenix there are 4 communities being built with 4, 000 single family home ALL for rent only, not for sale. Lack of building since the 2008 crash, investors buying up property, I see no relief for at least the next 10 years.

[wickedwonka]

Thank you, Mom and Dad, for leaving me the house 100% paid off. I love you.

[curtisthomas]

It's going to be California in a couple years. I'm getting the hell out.

[TheOneYestheeOne]

Just as I was saying, if we don't fix the problem here in California, it's going to spread throughout the

[onenikkione]

don't forget during peak COVID people weren't required to pay their rent and now landlords are trying to get those payments back

[ImGonnadeliver]

This so true..I was born in Vegas and all of my family might have to leave Vegas because people from other states are just using Las vegas and abusing none of them from other states care about Las Vegas or our history..

[davidhutchinson]

Look for people to start living in communes or cooperatives. This is getting beyond ridiculous. I lived in Vegas 10 years ago or lived in a shared situation. Paid only $250 a month. It really was a great deal.

[DesertGuy]

Really depressing stuff. Las Vegas is all I know, and soon I may have to say goodbye. My rent has gone up 40% in just 2 years. As a young parent it’s just to much. Raiders? Golden Knights? The A listers on The Strip? What a blessing eh? The vast majority of us pre October 2nd 2018 locals haven’t seen a second of it. We built this city, and can no longer afford to live here. Some of us aren’t here just for the events, or entertainment, but because we have our loved ones buried here. Alas Las Vegas is becoming just another Los Angeles suburb.

[chrismiller]

Everybody that works on the strip should quit I bet rent would go down.

[casienwhey]

This is what happens when you have endless money printing. It devalues the currency and thereby "increases" prices of everything else.

[Kwolfx]

I lived in Las Vegas in the late 90's and paid $500 to $600 a month for a two-bedroom apartment for about three years. The last year I was there (1998-99) I moved to two-bedroom condo that I rented for $550 a month. When I first moved to LV and toured various apartment complexes, several times I left contact information and afterwards I was contacted by property managers who wanted to know if I was still interested in their apartments. Renters had the advantage back then.

[merovingian]

Wages aren’t inline with cost of living. Inflation is the destroyer of empires. Sadly, inflation disproportionately impact lower income people more and its raging. The Federal Reserve created this situation.

[murphman]

They’ll end up like Lake Tahoe- Business owners in crisis as employees leave area can’t afford to live there while customers gripe over slow and delayed services.