Quote:
Originally Posted by Orlando
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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You are in a desert with limited resources. You are relying on an never ending supply of people who you would hope had deep pockets.
You get caught in an unbelievable economic turn and you know that it will take years and years to get back, even remotely, to where you were.
LV is going to be hurting at one level or another for a good long time.
It could not happen to a trashier city.