In The News: Molasky Family Department of Economics and Real Estate

Google’s new AI & Economy ATLAS report, released July 23, finds that AI is mostly playing an assistive role — helping with ideas, strategy and similar tasks — while fully automating work remains rare.
A major housing project in Nevada used to be a fairway. Other states should take a swing.

Over 50 years ago, local real estate mogul Irwin Molasky donated 45 acres at Maryland Parkway and Flamingo Road — land that would become the heart of UNLV’s campus. That single gift set in motion the founding of the region’s first university.

A sweeping housing affordability proposal could eventually help level the playing field for renters and boost new home construction, but economic and real estate expert Dr. Nicholas Irwin said the impact will not be immediate as Southern Nevada continues to face high mortgage rates and broader economic uncertainty.

Donation establishes endowment for scholarships, faculty research and hands-on learning at Lee Business School.

American consumers have remained relatively resilient against high gas prices as a result of the war in Iran, according to David Tinsley, managing director and senior economist at the Bank of America Institute.

In cities like Las Vegas, LA, and Miami, investors are crowding out prospective homebuyers. But it’s not just corporate landlords.
A sparsely-populated state known for its world-class casinos and dry desert climate has been a bright spot in the tepid U.S. job market.

An analysis by researchers at the University of Nevada, Las Vegas, found that 12 percent of Uber rides and 21 percent of Lyft rides displayed discounts - a significant increase from levels recorded just two years earlier.
A Consumer Reports investigation found that customers see dramatically different prices for the same rides ordered at the same time. The study also raises questions about consumer discounts.

The lack of land in Southern Nevada for building new homes and other development remains a hot topic for builders and other developers.

The Las Vegas Valley is the 16th most dense metro in the U.S., placing the region in the top 7 percent, according to a new study.