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Old Posted Dec 2, 2010, 5:50 PM
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Orlando Orlando is offline
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Join Date: Nov 2007
Location: Salt Lake City, UT
Posts: 4,122
Quote:
Originally Posted by SLC Projects View Post

I've been saying this for years. and that is Vegas just simply out grew itself. I don't care how popular a city is, you can't just build 50+ story condo towers at every street corner and expect people to move in and fill them all overnight.
I think alot of these developers got on the "Bandwagon" of the Vegas building boom as if there really was THAT MUCH of a demand that they believe everybody in the world wanted to move to Vegas.
Well now Vegas can enjoy having all those empty highrise buildings.
I kind of think that Vegas's boom was like a mini version of Dubai's boom where both built an absolute absurd amount of condos and buildings, and the growth was completely unsustainable.
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