The Epicenter of the Housing Bust Is Booming Again. (That’s a Warning Sign.)
New York Times, Sept. 12, 2018–Matthew Goldstein, Robert Gebeloff, Ross Mantle, Matt Ruby
Housing prices in North Las Vegas are rising so fast that many communities are no longer affordable. Much of the new construction is at the high end, keeping out many first-time homeowners. Some cannot come up with money for a down payment, while others are wary of getting back into a market that once burned them.
