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

[@Coffee-xh4kp]

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

[@wokejoke2675]

America First?

[@Coffee-xh4kp]

@@wokejoke2675 put on the oxygen mask on yourself first. Then put one on your neighbor.

[@the40yearoldgamer41]

Why don't you start a revolution then?

[@Yandel21ableify]

What happened to America being the greatest country in the world

[@Coffee-xh4kp]

@@Yandel21ableify still is.

[@ald8612]

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

[@jessemcelroy5266]

I think there are a lot of people moving out , it's just more people are moving in than out. Its been that way for decades wealthier people from California and New York moving in and native Nevadans moving out . That is probably one big reason the casinos are trying to automate everything so quickly because they know service employees are not going to be able to live here very much longer, at least in the numbers they have historically.

[@robertg1101]

@@jessemcelroy5266 totally agree with you. Service workers making an average of 12-15 per hr could never afford the high rental or home prices in the Las Vegas Valley. This includes Henderson and Boulder City as well. I love when people say move out. Go to another city. Well rents and home prices are up across the country. Have these people looked in to the prices that moving companies are charging these days? Obviously not. Because they wouldn’t be so fast to give advice to just move. Well maybe if they have nothing to their name, and can just pick up and go at the drop of a hat. Kind of like a homeless person. Unbelievable!

[@jessemcelroy5266]

@@robertg1101 yup and they have to have a job wherever they go. Example the company I work for is only in Vegas.

[@cosmicllama6910]

Problem is this is happening everywhere in the U.S. and other countries too apparently. It's the end of the middle class in general, you're either a Lord of the land or a peasant now, no in-between.

[@robertg1101]

@@cosmicllama6910 Couldn’t agree with you more! Very well said

[@marys3127]

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.

[@mrdeebo313]

I get my toothpaste and soap and deodorant from dollar general, it's cheaper than anywhere else and they have coupons you can add on their website. And if you go on Saturdays they have a $5 off of your order of $25 or more, combine that with the store coupons and I save a lot and stock up on household items

[@Shazzyhtown]

😬😬 Your wages in Florida are notoriously low. I'm trying to figure out who is paying these sky high rents over there. Obviously not Floridians with a 9-5 job.....

[@jeretso]

@@Shazzyhtown people like my boss dont want to go back to the office so they rent in a beach or warm area like Florida and Nevada. You can't compete with her as she works from home in her pajamas and flipflops.

[@marys3127]

@@mrdeebo313 I walked into our local dollar store (can’t remember if it was Dollar Tree or Dollar General) and it was FILTHY. Rat droppings, food items on the dirty floor etc. I walked out. Sounds like your store is in better shape than ours. South FL is a hellhole. We had to move here for my husband’s job, we cannot wait to leave! 😀

[@Shazzyhtown]

@@marys3127 I hope u can leave Mary. I wonder if the Midwest is still affordable??🤔

[@c.k2778]

If you’re a prospective first-time homebuyer hoping (or praying) home prices will decline in 2022, don’t count on it. If people are waiting for a price to decline, well, it’s not going to happen. Heading into the spring of 2022, mortgage rates have increased over a full percentage point and while purchase demand has cooled, it remains firm. Supply remains near record lows, so home price growth is expected to remain high through the spring homebuying season before cooling off later this year as mortgage rates continue to rise. Investing in REITs will be a right decision as it's also included in a growing number of defined-benefit and defined-contribution investment plans

[@theodorerossi7998]

Depending on your risk tolerance, liquidity needs, and desired return, should you choose a debt or equity lnvestment?

[@c.k2778]

@@theodorerossi7998 Entering an investment on your own can occasionally require much more specialized knowledge. Deciding between debt and equity implies a considerably advanced level of investment knowledge. I'll suggest you get a financial professional with intelligent strategies who'll help you create a suitable plan to maximizing potential performance and minimizing risk.

[@c.k2778]

I highly recommend Genevieve Glen Rogers a financial advisor under a licensed body of a wealth management firm. You can look her up on the internet using her full name *(GENEVIEVE GLEN ROGERS)* and get in touch with her. Give it a try and get into success

[@bbustin1747]

Everyone drink the koolaid buying all these houses in Vegas with inflated prices from govt stimulus. Prices are going to plummet like 2008!! Lots of cheap houses coming to market in the next two years

[@nvromedia]

Rents go up but salaries don't.

[@CB-xi1ml]

Bernie Sanders doesn't seem so crazy now does he

[@debbY100]

How the hell is one of the States with the lowest jobs rate, lowest income per capita, most abhorrent schools, and biggest threat from climate change (water and electricity are going to become unspeakably expensive in the next 5-7 years in Vegas/Nevada) becoming one of the most expensive places to live? There is NOTHING justifying it. Maybe it’s climate migration from the Californians who can’t afford their cost of living and fear all of the wildfires that’s driving the price up?

[@debbY100]

@@CB-xi1ml Bernie never seemed crazy. 🕊

[@robertg1101]

@@debbY100 100% correct. You hit the nail on the head. Couldn’t have said it better myself

[@rickhammond2473]

@@debbY100 Pushing the middle class and poor out and bringing in Wall Street like people.

[@DesertGuy702]

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.

[@americanpatriot2368]

Yes, it is disappointing. You will probably see a significant price drop once interest rates reach a certain level, but it is probably going to take a couple years to get there. The Fed likes to raise rates in 1/4 point increments, meaning it will be slow sailing. I do think the state's and city's best days are behind them, though.

[@debbY100]

You should find a way to stay. Vegas is like the ugliest baby in the world - only a native could love living there. If you can make it through a couple of more years until the fools who moved there wise up to the horrendous summers and threat of drought, the prices will begin to come down again. There is no job market there that justifies the cost. Nor are the schools worth it.

[@mikegeee3319]

@@debbY100 I just moved to Vegas from Atlanta and lived in Florida 20 years.... you're horribly incorrect. Florida weather is terrible with the chance of hurricanes every year. Abundance of racism and real estate is getting like California. Atlanta is no better with horrible traffic and crime. I love the diversity here and there's beautiful scenery with tons to do. And only takes me 15min to get everywhere! Yea, try moving to the south and then tell me how bad Vegas is 😆

[@canuhandlethetruth6166]

And it's no coincidence sanctuary status is the reason for the decline in quality of life in Vegas! Now landlords have the power to raise your rents cause housing is more in demand because of your city's sanctuary status and it's going to get much much worse thanks to Biden's open border policies bringing in millions more poverty stricken illegal aliens needing housing to stay in...good luck!!!

[@ladycharsw]

I am a senior in Oregon Rent is high here too. I have to live with some of my family. I feel sprry for the people in LV and elsewhere. Some of the big wigs buy up homes and rent them sky high😜. That is all over the country. People are $ hungry and greedy. They are now living in RV'S, Cars trailers. It us a shame. God Bless🙏❤

[@clixyqueen5659]

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

[@carbonsnail014]

Your monthly rent is $4400.00 in Henderson? What area are you in?

[@clixyqueen5659]

@@carbonsnail014 no my monthly rent was 1540.00 and then they went up 500 dollars so we are paying 2040 a month now and can’t afford that and my lease ends May 6th and they sent us a renewal offer if we sign a 11 month lease for 2040.00 but we aren’t signing a new lease so the month to month is 4400.00 😳 we live in the Whitney ranch area

[@whereswaldo9089]

Dam those are California prices shi is crazy

[@finalchapter24k]

Try Alabama or Mississippi it's still cheap there

[@ossoduro7794]

Something be telling me that you ain't no real queen and you don't have no broke king and maybe you should stop pretending to be something you not while living on government funding. What have you done for Henderson or Nevada? Besides compromising the air quality?

[@chrismiller755]

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

[@gregpeterman1102]

Why would that cause rent to drop?

[@windsofmarchjourneyperrytr2823]

@@gregpeterman1102 Because that's why people go there. So, no workers, no draw over time. That was one nasty thumbnail, tho. Crammed in there. Yuck.

[@greatone7314]

They will bring in more illegals.

[@wickedwonka9155]

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

[@davidhutchinson5233]

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

[@dianal2034]

communes is come from the communism.. In Soviet Russia there were communal apartments and hostels. This is what America is moving towards and what modern Russia is moving away from.

[@GorgieClarissa]

no. quit expecting people to group together and live in a friggen commune instead of fixing the problem. this country is full of greedy landlords and corporations who are buying property at inflated prices. let's fix the problem

[@do9138]

@@GorgieClarissa Don't count on it. Nothing will be fixed until capitalism collapses.

[@mr.j9303]

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

[@sheilar.washington3191]

Vegas not big enough for cooperate California which they stay in California and take the Raider's with you 😂

[@szhinkoszhinko5006]

every state is gonna be blue

[@brat8475]

Already has god bless every1

[@brat8475]

It's already been expensive what the f*** are y'all smoking

[@mustbeheard9834]

California just passed rent control for the entire state!

[@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.

[@scotteubanks9740]

Did you vote?

[@lenaely6146]

Exactly. I remember these days. Now those sam's units are priced at thousands of dollars, usually.

[@KuatoLives99]

I had 1 bedroom 1,000 square foot apartment for $550 near Eastern and Tropicana back in 2000. that was nice. had no furniture but my lawn chair, tv, and Sega Saturn. It was glorious.

[@casienwhey]

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

[@williamryan9195]

No. It's not. It's what you get from deregulated housing and commodity markets. It's called speculation.

[@patchesdriftwood34]

@@williamryan9195 casein whey is right. Also the housing market is regulated and not “deregulated”. Thank your government for this nationwide increase in everything.

[@MinhTran-fc7jl]

@@williamryan9195 you must be reading text book from uncle jokebyedone.

[@williamryan9195]

@@patchesdriftwood34 The increase in the housing costs are because of deregulation that allows speculation, much of it from Foreign Capital using U.S. as an investment in an UN-regulated market. You cannot build your way out of the housing crisis because these investors simply by up the houses as soon as they hit the market, That is called squeezing the market. Many countries regulate against foreign investors and non citizens from home and land buying for this obvious reason. We should too given the issues it causes. Like homelessness and poverty for citizens that are unable to compete in a rigged, speculative market with unregulated trillion dollar investment firms.

[@williamryan9195]

@@MinhTran-fc7jl And you must not even be able to read. Dont believe it? Google it moron.

[@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

[@marybetheby5184]

Yup..saw this coming from miles away...

[@plainman9887]

Landlords always come up with an excuse to raise rent, most of the time it’s just greed or poor financial management. Usually there's a mortgage on the rental, so unless the landlord ran his/her behind down to the bank and took out a 2nd mortgage on it (then wants me to pay it back in higher rent for their choices) the overall rent shouldn't have increased so dramatically. I worked and paid my rent on time during the “PLANdemic” and the landlord thanked me by raising rent $200 for a place that is getting older and older by the day. Property taxes don't justify that. Rip off!!!

[@sweetpea4967]

Exactly 💯

[@sweetpea4967]

@@plainman9887 if you had your retirement money invested in a property and the government decided that your renters did not have to pay, but you had to continue to pay all utilities, taxes, repairs, and remaining mortgage, I think you'd be singing a different tune. Rentals are not charity. Costs are up due to the decisions of this administration kneecapping our country's energy costs and regulating us right into a depression. I only feel sorry for those who didn't vote for this. Everyone else, congratulations you WON! Enjoy your disaster.

[@marybetheby5184]

@@sweetpea4967 TRUE!!

[@heatherc.5760]

I am pissed dealing with my own issues n I am born n raised here n I been at my rental 9 years n now their selling n its not cool giving someone 30 60 days to get out. Karma is real out here n these landlords have the upper hand now, but u just wait. God bless EVERYONE going threw it.

[@Esperia-ef9xh]

These landlords are finished when the housing crash hits

[@cosmicllama6910]

@@Esperia-ef9xh when enough landlords are forced to get real jobs with the rest of us, just to not be able to afford anything, maybe we'll finally have revolution

[@botaccount3449]

Landlords HISTORICALLY have the upper hand. It just changed for once…

[@royharper2003]

nope, they will just hold and wait

[@dcg590]

@@Esperia-ef9xh real job? How do you know what the landlords had to do to obtain their property? Work perhaps? Have you even owned anything? Let’s say you have a car, you pay ins, payments, upkeep(oil changes, inspection, excise tax, anything) and someone else drives it and doesn’t pay for any of that, would you be happy? That’s what you expect. Landlords have property as a BUSINESS, not a charity. If you don’t like to pay rent then buy your own house. Why is it ok for you to pay for every other thing in your life but the landlords are evil? Without them, you’d have no where to live.

[@pamelamercado6902]

Rent and home prices are going up in all states it just shows how many greedy people there are in the world they say it goes up due to the demand that's bull. I feel sorry for those who lose their place and has to live out on the street or with family or friends not everybody is a deadbeat who's been in this situation it's just a real shame they should freeze prices

[@CB-xi1ml]

Bernie and the socialists don't seem so crazy now do they....

[@windsofmarchjourneyperrytr2823]

How are they going to "freeze prices" if their costs go up. Too? I got on the bandwagon and gave myself a raise and quit buying dumb stuff or driving when I don't really have to.

[@pamelamercado6902]

@@windsofmarchjourneyperrytr2823 President Nixon did it so it is possible and if these companies were not so greedy the prices don't need to go up as much as they have and I'm glad you are spending your money wisely as most do not

[@dojocho1894]

housing prices for homes will never be low for the tax is based on the selling price....the greedy people all want their pound of flesh. anyone can afford a home its the property tax and all the other things that crush you

[@angelaj8958]

JB allowed 2 million illegals in last year, and one million legals, and nobody knows how many got past them uncounted, estimates are at least another 500k. We were already 5 million houses short before that. Freezing prices will not create more houses.

[@barano9729]

I lived there for 20 years. Made a fortune off my home in 2020 and moved to the Midwest.

[@eddieg6436]

…..Enjoy the snow, ice, freezing cold, and miserable humidity during summer.

[@barano9729]

@@eddieg6436 you’re right but the homes are so close together in Vegas and now I have a 2 acres lot and the same size home I had in Vegas.

[@elizabethmillar1829]

There isn’t going to be anyone here to work at the casinos, restaurants etc. Because they can’t afford to live here.

[@robertg1101]

Totally agree with your statement 100%. This should be an interesting year. Let’s just wait and see

[@rickhammond2473]

Who cares about casinos,they are there just to take the people's money.

[@plainman9887]

@@rickhammond2473 🤣🤣🤣EXACTLY!!

[@botaccount3449]

Umm robots???

[@Cerez78]

Housekeepers will have to sleep in the janitorial closets alongside the mops and toilet bowl cleaner.

[@lauraruxer1854]

I moved to Vegas back in 2003 from Oregon & I couldn't believe that they didn't request any deposits. I don't believe I paid an app fee then either. Just first month's rent. The rent was very reasonable. Although it wasn't the best area of Vegas it was a gated complex, 2 swimming pools,, nice size units.. This was when Vegas was rated top 5 places to live. Crazy how it has changed, charges for everything now & the application fees are ridiculous. Although I moved back to Oregon a yr later from moving there I am taken aback by hearing what is taking place there now. Unfortunately it is everywhere that landlords have lost their damn minds & have no compassion.

[@susanabrown510]

Rent won't be reduced, same like gas price and groceries costs. Just stop buying unnecessaries things, reduce cable channels, ride public transportation, drink instant coffee instead of ground coffee, don't buy bread, eat fewer carbs food, more veggies, salads, fruit, and some protein. The only choice right now is to tighten the belt.

[@mycommentskeepgettingdelet184]

Yes but with high rent your money is gone

[@susanabrown510]

@@mycommentskeepgettingdelet184 For the low-income workers, disabled people, veterans, and senior citizens there is affordable housing, section 8, and subsidized housing. Must register to fill out the applicant's qualification online. The healthy, energetic, and young low earner worker can have two jobs, one in person, a second working from home, and share a home with a friend until the economy improves.

[@JesusChrist2000BC]

Yeah just don't spend anything on life just rent and that's it. Lmao 😁😁

[@windsofmarchjourneyperrytr2823]

I'd rather walk that get on those nasty trains and busses with violent, diseased. crackheads.

[@susanabrown510]

@@JesusChrist2000BC This astronomically rent increase is new and won't last. The normal rent was to have a choice to rent according to what a renter could afford starting at $600 a month for a one-bedroom apt. not like it is now.

[@kathleencernetich6243]

Vegas has gotten to be a very expensive place to live it's only a place to come on vacation and get the hell out in 3 days the population the traffic the crime everything is increased so much over the years they are now calling Las Vegas East LA it's overpopulated and I'm planning to get out as soon as I can

[@windsofmarchjourneyperrytr2823]

Yeah, the thumbnail looked like a literal pile of crap. Everyone crammed together like slums? Just nasty.

[@greatone7314]

It is East La

[@kathleencernetich6243]

@@greatone7314 yeah great one that's what they're calling us

[@greatone7314]

@@kathleencernetich6243 The emperor in Rome back in the day said to Feed then Bread & Circus and we will have total control and get rich quick. Same is happening in Vegas & throughout the country.

[@MgtowRubicon]

Gasoline going to $10/gallon in 30 to 60 days; April or May.

[@christophergreen8950]

It's not that rents are going up, it's that your money is worth less.

[@peskylogicchillinsky6007Futube]

Actually that part has not even began to impact us yet but it's going to pretty soon. That's pretty scary to think about actually.

[@lyndonthomas175]

Kuboms nomsy Aisu mo au lo su punwuy!#69]¢×} }>¢

[@lennywelsh6390]

I lived in Chicago and rents kept going up do to high taxes. HERE IT SEEMS TO BE TOTAL GREET The very rich bought up so many properties with cash money to rent them out and get what ever the can out of hard working people. there really needs to be a law for price gouging .Most of these Landlords dont even live here.

[@windsofmarchjourneyperrytr2823]

Almost anyone in RE at all is vermin.

[@joeishere500]

I lived both places

[@dcg590]

You mean socialism? Way worse

[@lennywelsh6390]

@@dcg590 everyone has a right to housing .PRICE GOUCHING IS SO WRONG.

[@lennywelsh6390]

@@dcg590 This has nothing to do with socialism it has to do with Human kindness

[@QFUNNYNEWS]

if you're reading this, easiest way to compete with these prices is to find a job that requires a "special" set of skills. Get into industries that are ALWAYS in need of employees. Truck drivers make a great living and the schooling process only takes two weeks to get your class a license. Besides that, you could also get a forklift license that'll pay well. Any other job like retail stores, restaurants, or door dash n Uber won't pay all your monthly bills. Key words are "special sets of skills" Figure out what type of skills you'll need to make great money with high demand jobs.

[@martinnorbeck5961]

Having been in the trucking industry for a long time, Some people take longer to learn than others.

[@windsofmarchjourneyperrytr2823]

It's not always an easy job. In fact, it's so much sitting it's like a guaranteed heart attack. My uncle had a trucking company. Dropped dead of a stroke last year.

[@QFUNNYNEWS]

@@martinnorbeck5961 the point I'm making is that trucking school does not take years to complete like college does and it pays very well.

[@QFUNNYNEWS]

@@windsofmarchjourneyperrytr2823 prayers for your uncle..sorry to hear that. Nothing in life is easy to do, but trucking is easy to get into and also pays great to be able to afford rent in today's economy. Trucking school doesn't take years to complete like college does and it pays great

[@QFUNNYNEWS]

@@vegaslimoguy2376 it literally took me 17days to get my CDL back in 2018.. I started off OTR now I'm home daily.. I had to do 200hours of behind the wheel time in 2018. Didn't make alot of money starting out, but nowadays I'm making enough to save an entire paycheck without spending it. Everyone's situation is different. Don't tell me I don't know what the f*** I'm talking bout

[@ThePS101]

I'm surprised Las Vegas took this long to become expensive. Las Vegas is basically an expensive 'tourist town/city.' Towns/cities such as NYC, LA, Honolulu (and most of Hawaii) are EXPENSIVE.

[@samiam9059]

Surprised people want to live there?

[@brucemarsico6]

Where isn't it expensive...in the USA...to live? Austin, New Orleans, Miami, Oklahoma City....??? If you own rental property you can pretty much demand what you want, especially if the properties are owned by the corporates. The cooperates are snapping up the lion share of rental properties......in all of the major U.S. cities. Do YOU know how to change it?

[@samiam9059]

@@brucemarsico6 many claim texas is cost effective?

[@brucemarsico6]

@@samiam9059 Not everywhere in texas. Dallas isn't, Austin isn't, San Antonio. There are places that are right on the verge of being discovered. Before the mass invasion of over monied take over. Happening slowly, but surely, in the counties north of Dallas. The way it goes is, you can sell your property in California or New York, come away with MILLIONS. Then, relocate to some small town like Denison or Sherman (Texas) and with all of that money one can buy lots of acreage and build a giant spread. Much bigger than what you had in New York or California. But HURRY! Everyone is finding this out. And when they do, there goes the easy affordability....happens every time....

[@samiam9059]

@@brucemarsico6 We know that...Also so much more dangerous now like las vegas even in what was always real good areas like Auston is terrible now as shocking. Friend of mine live there and worked for AMD as top engineer and it was so nice then.

[@alisarumrum2062]

An increase in expenses will definitely equate with an increase in crime, desperate times will result in desperate measures, so in the end everybody loses because it will be a heavy price to pay, landlords will have more evictions more expenses to pay the courts and sheriffs, more stress and violence because some ppl will just simply SNAP and harm landlords, neighbors family and friends because of the anger and stress of trying to keep up with the high rents, it’s absolutely tragic what is taking place

[@Jay-pf2cn]

Why would you harm you neighbors because you can’t pay rent? Animals like that should be shot.

[@alisarumrum2062]

@@Jay-pf2cn you ask why? Why why why, life these days is one big why, ppl do dumb crazy sh all day everyday all across America where in the green acres have you been,, ppl get attacked for no reason now days, innocent ppl getting killed and hammered by psychos, gang members, random criminals and you ask why

[@Jay-pf2cn]

@@alisarumrum2062 All of them can eat lead.

[@alexandercoffman8319]

@@Jay-pf2cn -I AGREE.

[@Jaymes27]

Once the lakes are dry these home prices will be cheaper than ever, won't be long at all

[@plainman9887]

🤣🤣🤣it’s a shame that it’s going to take that to get reasonably priced rents. It’s too much money to live in a dust bowl.

[@winwithjames8833]

Beautifully said my friend that day is coming.

[@obijuankenobi420]

@@sjb3460 Weird.....cause Northern California also supplies southern California with water.

[@whodidit99]

Landlords are getting their revenge on all the deadbeat tenants that didn't pay rent during the pandemic.

[@brandonlopez8950]

Dead beat ? PEOPLE LOST THEIR JOBS FOR SOMETHING THAT WASNT THAT SERIOUS

[@dcg590]

@@brandonlopez8950 so? And the landlords still had to pay their bills. Why is it ok for people to live off of someone else? I sympathize because I lost my job, but the bank doesn’t care, my mortgage was due! Same with landlords. Now they want to make up losses for being forced to house people for free. You act like the renters were the only ones who lost jobs and shouldn’t have to pay. Don’t you think property owners went through the same thing? Not to mention, many many people were collecting free money, more than they’ve ever had and still not paying rent.

[@mustbeheard9834]

Good Luck LV, landlords. The city will stop you, along with corporations. Why? Because they need workers to work in the Casinos. You are driving out the work force through PURE GREED! The guy that is fighting the rent increase. Should know his landlord us doing it because she wants to come back into her home. And she is fling it to purposely make him move. Which is far different from the GREEDY Landlords, charging rent fees like it's a mini mansion!

[@444truthteller]

Thanks to California

[@CK-ok2sq]

It should get better. I lived back and forth California and Vegas. I sold all 3 of my properties in Vegas and I regret not keeping one of them as I really miss Vegas. Looking at the prices now its just ridiculous. I know many friendly Vegas locals saying its unaffordable and they are moving to other states. When remote work becomes less I think people will return to the cities. Hopefully...

[@pearlperlitavenegas2023]

When did you sell? & why?

[@windsofmarchjourneyperrytr2823]

I've got 0 intention of going back, myself.

[@fredericknewman5398]

why do the landlords need to raise rents...isn't their loan payment still the same from back whenever they bought the property?

[@recycler60]

Property taxes go up, repair goods goes up, Electricians, Plumbers, Roofers, AC men, Painters, Appliance men have all raised their prices. It never seems to end.

[@Fat_Thor_Ate_Loki]

@@recycler60 in California there are always new environmental mandates with very expensive and costly to fulfill regulations. The politician’s pass them and don’t give a fig as to how much it’s going to cost the landlords to implement, but the people (tenants) who voted for those politicians will eventually have to absorb the cost themselves in rent increases. Of course they will complain and say we’re greedy, but they really only have themselves to blame lol…

[@kirkbradford5765]

SOMEBODY HAD TO PAY FOR THAT BS NFL STADIUM!!

[@patrisio3]

This is going on in almost every major and mid-sized metro area....even in some small metro areas.

[@ToshaRaeNailed]

This is happening everywhere

[@adzisme]

In Boston, as one example, you need to .be making 75K to 100K as a starting point in order to live there. I live an hour from Boston, and we’re getting commuter rail next year, with developers from NYC and Boston buying up properties as fast as they can. I had the chance to move to Vegas in 2008 and passed on it.

[@johnnyblaze4363]

Stop bringing teams here it only benefits the casinos

[@cawheeler27]

I love it when the "experts" inform us that "this is the new normal" and "prices will never go down!" I remember when they were saying that in 06 and 07. Hm...

[@mitube4u]

Yea. But one of the biggest differences today vs back in 07 is that now you have a lot of investors buying homes and turning them into to rental properties. Hence the reason why you're seeing rent being increased 30 to 40% in a year which is crazy.

[@ratherbfishing455]

That was the great recession.

[@geckster109]

@@mitube4u What happens when people cant afford those rents then? Yeah, thats right, the prices come back down.

[@rhuephus]

yep .. everyone's an expert .. I'm an expert on being an expert on everything, even nothing

[@mitube4u]

@@geckster109 Let's hope so. But at the moment it doesn't look too good.

[@willaf3]

Moving out of my 1300 a month nice condo in Henderson. Scared to see how high the price lists for.

[@ROYALP100]

You're living in a dream, now your about to face REALITY.

[@willaf3]

@@ROYALP100 lol huh?

[@truman3004]

@@ROYALP100 Have you actually Lived in Vegas? It’s No dream. Crime is high. School ranks 49th in Country. Crazy drivers!

[@Rick-tb4so]

If you think its high there checkout Florida.....People bought mobile homes for 8K and are asking 50K..

[@vegaed56]

High rollers will only live here!!!

[@chrismiller755]

Everybody that works on the strip should quit. That will lower tge rent I promise

[@bitcoinbloodsandcryptocripscry]

Who will serve them?

[@G_Vegas22]

I see 2 and 3 whole family's living in 1 apt

[@carbonsnail014]

I see the same thing here in the CA Mojave Desert.

[@roy3242]

Just like where they came from.

[@carbonsnail014]

@@roy3242: It was once thought that only migrants to this country lived in this manner but with the growing economic downturn, it is now common to see many whites living like this through the US as well. Times are hard these days for most Americans and they are about to get much harder for all.

[@G_Vegas22]

@@carbonsnail014 yeah that's some racist ish

[@carbonsnail014]

@@G_Vegas22: I live in a fairly decent area and in front of many houses where I live there are at least 6 to 7 cars parked in front throughout the day and night, this is becoming more common each passing day.

[@zAlaska]

I don't remember a time that rents went down. I'd never expect that. My bad, I forget, "When were rents trending downward"?

[@botaccount3449]

Start of the pandemic. Also 2008…

[@zAlaska]

@@botaccount3449 Everyone lost with cash investors buying everything bulk for pennies on the dollar.

[@geckster109]

They would have if the government stayed out of the pandemic by allowing people to miss mortgage payments for a year!

[@seanobrien2306]

Las Vegas is too expensive to buy, lease or rent anything... Las Vegas is too costly to live in ( period ). Even going out to a local restaurant or local bar or lounge is getting too expensive... With gas prices and food going up in price..., good luck ! ! :)

[@abpob6052]

Rental housing is a necessity and should have 100% government oversight. I own rental homes and I believe owners should be told what the rent will be for their property based on various factors and it should change yearly. The value of a rental unit should not be in monthly rental profits but from the eventual ownership of the property itself. But that's just my old school unselfish midwestern way of thinking.

[@Fat_Thor_Ate_Loki]

@Jeff Scott, The last time the Government recently mandated how much private landlords can charge for rent, you weren’t allowed to charge anything at all. It was absolutely free with no evictions allowed and it still continues in LA to this day. You seriously should go see a Doctor about short term memory loss or Alzheimer’s. To have forgotten this quickly about the covid rent moratorium of the last 2 years.

[@sannitrinh3067]

this is GREAT for this City and it will keep going up and push people out and thats not a bad thing! bring the culture and new businesses and a greater city 🎉

[@crystalsswtor3760]

This is why I'm attending college, I'm struggling and I have managed to get the rent caught up but I was only able to find a part time job after 9 months, and it doesn't pay well so I don't even know how long that will last, because even though I communicated to the landlord they are getting less understanding. And on top of that I have people just expecting me to live on a low wage. That is not exactly supportive.

[@tracymorgan5386]

It’s not about a college education, people with college education and have good paying jobs are struggling because the rents are rising do high and so fast that even educated people with high paying jobs can’t pay the rents. People are going from a 1000 to 3000 a month rent in one year and that is the truth in many major cities.

[@crystalsswtor3760]

@@tracymorgan5386 you are entitled to your opinion lady, you probably didnt have to work low paying jobs and then have a hard time finding another decent paying job. You try working a low paying job and deal with the high cost of rent.

[@thisguy3500]

@@crystalsswtor3760 During the 2008 collapse, I contracted for Disney, where nurses were taking jobs in kitchens. Your career isn't safe unless it's attached to farming, food or securities and that hasn't changed in over 50,000 years.

[@royharper2003]

@@tracymorgan5386 bullshit, provide your source

[@royharper2003]

get a useful degree and don't listen to morons that say college isn't worth it. You may be struggling now but it won't always be like that.

[@stevekasper2826]

I was think moving to Las Vegas for a position, but sounds like it is not worth it. Rents and housing out of control. Will look else-where. I am not from California.

[@idonhadenuff5979]

Lol I just got a email that my rent will increase by $200.

[@derecmathewo1431]

Time to buy

[@simplerway489]

Why are so many relying on the government for help? If you can't afford it, work harder or move to where you can afford.

[@guitarsrcool4922]

Well since there is no rent control what did you think would happen? There's some greedy people out there that are going to take advantage whenever they see an opportunity. We should have had rent control yesterday but if it happens it will be years down the road with the way government moves so slow and by then it will be to late for many people.

[@Detailingcrazy]

So, you want no rent for 2 years and then you don't expect landlords to make their money back. Just because people are broke doesn't make them virtual. That house she's trying to live in os very expensive. Sorry not everyone can live in a house like that. Get jobs if you want that place.

[@guitarsrcool4922]

@@Detailingcrazy free rent for 2 years? That would be nice but it's ridiculous. We moved here from San Diego about 5 months ago. I'm just going by the stories I see on the local news. Landlords raising rent 200- 500 a month. Charging 75 a month for a refrigerator. 25 for a dryer. Or here's one of the worst ones. A landlord showing a Model house to many people everyday acting like it's for rent and charging people 25-90 bucks for an application fee. What a scam. I'm not making this up I saw it on the news. It's the same as price gouging. Store owners raising prices on essential products during bad times. There not saying all Landlords of course but the bad ones are definitely out there. Moving out here and finding a place was a real pain in the ass. I was a mover for 12 years so that definitely helped us. Trying to find a place was rough and now I hear it's even worse so I really feel bad for people. Moving is a hassle already but now there's the pressure of finding a place to buy or rent and dealing with scams. I'm rambling lol. Ok be safe. And yeah that's a good point about maybe she bit off more than she could chew, I've been guilty of that before.

[@rmzndhszs2587]

@@Detailingcrazy who actually went 2 years without paying rent? No one I've heard of, and I was one of those laid off when this started. Still had to pay rent, so did everyone else I know.

[@damien1781]

@@Detailingcrazy who lived rent free for two years tf? Uh I paid rent during the pandemic I wasn't stupid to get behind. Was always on time on the first and still is

[@Detailingcrazy]

@Guitars rcool many people are still living rent free or full on subsidized. That's why shit is going up.

[@ettodhar6996]

Detroit suddenly looks almost decent

[@stevendelgado5654]

Las Vegas IS ENTIRELY CORPORATE OWNED....THEY SUPPLY THE JOBS , APARTMENT COMPLEXES , AND RETAIL ALL ROLLED UP TO CREATE THE TRIPLE THREAT, ONLY AT Pizza Hut , HAVE IT YOUR WAY , IM LOVIN IT!!!

[@bobz3779]

Thanks Zillow and Black rock.

[@botaccount3449]

Ur not wrong

[@Jackson_Hts_Mr_Randy_Watson]

Zillow's home buying program went belly up. Turns out losing 50k per house wasn't such a great idea.

[@bobz3779]

@@Jackson_Hts_Mr_Randy_Watson Good they deserved it. There are still many other conglomerates doing the same thing and making homes unaffordable.

[@makdaddy8399]

Same here in Phoenix.....I came in 81 when there was 1.7M people in the whole state. Now there are over 6M people. Crowded and the desert being destroyed daily......Housing is out of reach for many middle class people. Water shortages will be the last straw coming soon.

[@mistercut8331]

house prices up 19% rents up 18% but they are only increase 4.7% in the official CPI figures ?

[@deeray0604]

I left vegas cause of the brutal summers. Who would want to pay more to live in a place like Vegas?

[@6530517]

It's everywhere U.S. Canada and Australia. The more people you let in your country the more you going to pay for everything.

[@JustAGenericGamer]

We subsidized corporations with PPP funding, who then turned around and gave themselves huge bonuses while getting free money. Those same corporations are now causing greedflation. We would have been better off spending those trillions of dollars on subsidizing house building instead of throwing it at corporations to basically give their executives bonuses and shareholders extra dividends.

[@commonsense5506]

Stop renting. It is time to buy yourself a home. In you have to get together with another person and buy a house to share. Or buy a house and get a roommate to help with the mortgage.

[@cynthiacole6140]

You are right about that. In 2019 we scrimped and saved to get 3% down and got an FHA loan. Glad we did it and that it was pre-covid.

[@botaccount3449]

Honestly, thats very smart but people dont work together anymore.

[@commonsense5506]

@@botaccount3449 Maybe you don't know anyone that does, but it doesn't mean it doesn't happen. Black folks are not monolithic, no more than any other people or group.

[@botaccount3449]

@@commonsense5506 who said anything about “black folks” but u. Im talking about people. All impacted by these circumstances. Nice try tho

[@ThreeBeingOne]

Oh no families coming together? How horrible.

[@jeretso]

That's so funny. I had roomates and family sharing 1 bathroom growing up. Now people want to live alone. No wonder we ran out of units.

[@AlexP-yb7gh]

Just wait till lake mead levels get lower will see if prices don’t go down

[@ROYALP100]

Sorry Los Angeles(I MEAN) Las wages.

[@plainman9887]

Lol…Lost Vegas, lost it to Cali and Florida.

[@Jackson_Hts_Mr_Randy_Watson]

It's a fallacy that things will never change or always remain the same. Rents are out of control now, but that doesn't mean they always will be.

[@janetdavidson8798]

Thanks for the comforting statement but rarely does any thing go down. IAM a homeowner , it's paid for. But I still have to pay home insurance, property taxes and HOA fees. Just those 3 things alone cost $40,000 in ten years time. The best goes on. Have a good day.

[@kevinmoore.7426]

I think you all better worry about watef and electricity

[@botaccount3449]

Watef is so important

[@Jackson_Hts_Mr_Randy_Watson]

Vegas is actually in the strongest position regarding the allocation of water. CA agriculture on the other hand....Vegas gets a very small amount of it's electricity from the dam btw. California and Arizona get most of the dam's generated power.

[@markbarcena769]

rent is only around $450 to $800 here in Albion New York.

[@bwood7205]

It’s hot in the summer

[@fatlu1378]

Coke A Cola at my store today was $3.00 a 2 liter...buy 3 it dropped to $2.49 ea....Off brands, that's me a knockin on the door...

[@eugenebdotson7363]

When a cat is near death it goes off and Finds Its resting place, so do home buyers !

[@scottjackson5422]

I think rent will never go down. I think this is the new normal.

[@juliev0901]

This is all thanks to the people that tried to take advantage and not pay their rent for months when the pandemic started. 🙄

[@Hersheydimples]

Yup! Squatters ruined it for everybody 😒

[@chrismiller755]

Shyt was going up before the pandemic

[@Kiyonce.Kartier]

We paid our rent on time every single month during the pandemic. Our rent still increased.

[@Hersheydimples]

@@Kiyonce.Kartier same. I was never late. Just got my renewal letter and rent is going up $200 and there's a mandatory $25 reoccurring monthly fee for valet trash services 😑 😒 I've been walking my trash to the bin myself for the past 3 yrs no issue

[@terriesmith2616]

@@Kiyonce.Kartier Landlords have to pay increase insurance rate, increase property taxes, homes insurance, maintenance, etc, so yes, rent is going to go up to match market price. For the past two years, with rent moratorium, renters didn't pay and lived for free, the ones that paid during the pandemic also suffers because of the ones that didn't pay. Landlords have to recoup their investment, no one can live for free, even landlords got bills to pay. There's no moratorium for landlords mortgages, property taxes, etc. No one can live for free. The world owes us nothing.

[@user-gs6fq1jq8y]

Where are they going to get all this water?? For all the newbies

[@joeduece1]

It hasn't been the same since 2008. Where have you guys been ?

[@kvt41pq]

This is getting to be like 2007. These increases are NOT sustainable. NO ONE can afford these increases, and, alas, just like 2008, history will repeat itself.

[@botaccount3449]

Wrong, ninja loans aren’t happening. People buying homes can afford them. So no, its nothing like 2007-8. Its more like australia or canadas housing markets.

[@windsofmarchjourneyperrytr2823]

We are overdue. Of course, if a rich person wants the house you do, they just swoop in and pay cash. Which isn't fair.

[@Jackson_Hts_Mr_Randy_Watson]

I agree. Everybody is freaking out. This is not the new normal, this is right now.

[@Jackson_Hts_Mr_Randy_Watson]

@@botaccount3449 The idea that we're not in a bubble because we have higher standards of lending is false. Both could be true.

[@saralee8459]

It is so illegal to raise rent 30 % to 33% . That is insane! California only 9% increase per year.

[@jkbc]

If you can't afford a rent or house in one place, just move to a different place with more affordable , that's what I will do. So many places in this country.

[@gregorymckinney666]

Owner says she’s going blind is one of the biggest cons. In California she would be called a slumlord and be thrown in prison

[@LovingAtlanta]

😭😭😭Leave the state so the foolishness can stop! 😭😭😭

[@bitcoinbloodsandcryptocripscry]

Price the low wage workers out that service the town.. this is hilarious

[@botaccount3449]

Yes. It’s happening in florida and hawaii too. Ten yrs from now its gonna get interesting.

[@windsofmarchjourneyperrytr2823]

@@botaccount3449 Why would it take 10 years? They need workers now.

[@melissamartic5976]

Prices should reflect the property condition,location and age. But that is definitely not how it is. Also,bringing a bunch of high priced venues does not equate to a sustainable economy. Especially when wages lag behind COL so ridiculously. I don't think the leaders of.the county know wth they are doing when it comes to what direction is best for this small city.

[@MarcusAurelius12]

I lived here all my life. Think it's time my family and I leave this place. It's turned into California

[@leeeatmon5176]

baking soda and vinegar will do the trick. baking soda for your teeth, baking soda and vinegar for cleaning the floors, windows, bathroom and kitchen sink, tub, etc. there is no flowery scent, but it does the job.

[@somewhereinflyovercountry7693]

When I moved to Henderson about 12 years ago many of the apartment complexes offered a free months rent if you signed a year lease. Sounds like those days are long gone now.

[@roachclip7o293]

Cost of living went up like if we have our minimum at 15 like seriously Vegas is being f***** like wow it went up $1, rent went up $500 lol

[@rickhammond2473]

You will have the haves and have nots.😁

[@botaccount3449]

@@rickhammond2473 capitalism at its core

[@pauljoseph2400]

These rental assistance programs are distorting the market. So many people should have been evicted for being garden variety deadbeats, but are getting bailed out by government subsidies for COVID which is absurd. This woman cannot pay her rent or utilities but she's "renting" a house ? If a landlord is being stiffed by a tenant, they are going to raise the rents on responsible renters to cover the losses from these jerks.

[@botaccount3449]

Ur not wrong

[@windsofmarchjourneyperrytr2823]

I once had 5 ADULTS. None, not ONE had a job. Then they screamed about normal fees and actual credit scores (high ones keep the lowlifes out, because they never have a decent score). Wonder if they thought we'd go with them after that?? Lol. Yup. Keep screaming, with your big mouth. You didn't earn any of the money to pay the rent that you're using.

[@Fat_Thor_Ate_Loki]

Worthless deadbeat lazy tenants need to get out! They can beg enough to get a cheap tent and go live rent free…there is plenty of empty free space way out in the Desert 🌵

[@javiermori1710]

You used to be able to get online and find many affordable options in Vegas and find place in few days. I had good job so basically just showed 2 months bank statement and good rental history and i had many options. Today? Forget it.. My brother and i looked for place about a year ago and was stunned on not only increases in rent but the qualifying process is very difficult to even get considered to fill out application.

[@conceptcs]

These are hardworking Americans! They shouldn't have to go through this while people who don't work just gets "free" handouts.

[@greatone7314]

America now punishes you for working hard, being honest & getting sick. That is not a society it is criminal.

[@rossellaperry1865]

Why are politicians not putting a rent cap ?

[@michaelmyers2108]

It's getting like this everywhere so sad

[@arttaggerr2233]

Sometimes folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. You can STILL buy a mobile home of your own for only $100,000. That’s right, only one hundred thousand, AND that includes the land it sits on, approx. 50’x100’. Seriously, you have the Colorado River a mere walking distance away, with nine gambling casinos on the river bank across the river in Laughlin, Nevada. And we’re only 90 miles south of Vegas. Water taxi’s move people from one casino to the other, for those who don’t drive. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation.

[@austinmejia3210]

She wants more welfare

[@jamesbondjr1041]

The lady should get a roommate, it wouldn't be the first time & it wouldn't be the first room with a sheet hanging from the ceiling in the bedroom. It's called "making - do"...

[@greatone7314]

No it is not...paying that much to live like that is wrong.

[@natal777]

This is going on almost everywhere same story here in south Florida ! FJB

[@greatone7314]

Welcome to Bidens Californian Dream for the whole of America.

[@idahopotato5837]

Landlords raise the rents to kick out the undesirable tennant's. The good ones get 5-10% raises. That's just normal.

[@cecilianorris4449]

It's happening everywhere. It sucks!

[@botaccount3449]

I SEE YOU EVERYWHERE

[@saraxdouglas8577]

This is ridiculous because there won't be any water in Vegas ........lake Mead is drying up & so is lake Powell....... everyone is living on borrowed time in Vegas & Arizona.❤️☮️🙏

[@joeishere500]

Shoulda never sold my home there is 2013. Still made real good money BUT still....i miss vegas

[@lenaely6146]

Watch, the landlords and property owners will be asking for govt assistance when their properties can't fill leases. Note, the investors who own the properties prefer empty units to leases.

[@wakeboarder9180]

Not a single word about the massive invasion at the southern border in the last 14 months (you can thank Biden for this) and what this has done to rental and housing prices. You get what you voted for.

[@BrewManPhilly]

All over the USA landlords are trying to recoup the losses from the covid rules and were not given rent for months. Taxes, insurance and mortgage payments were still due when renters did not have to pay rent. No such thing as a free lunch.

[@muggzcervantes8283]

Well taxs are going up on landlords on these rental properties they got to raise it up.