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

Close to half of all the residential units in Clark County are not the owner’s primary residence, according to property records obtained by the Las Vegas Review-Journal.

Officials pointed to an acute demographic gap: CCSD’s recently graduated high school senior class totaled 24,601 students, while the incoming kindergarten cohort stands at just 16,126. Demographic forecasts from UNLV’s Center for Business and Economic Research also note below-average local birth rates and slower net migration into Southern Nevada.

Several groups remain involved in pursuing an NBA expansion team in Las Vegas, with another round of bids expected soon and a goal of making decisions by the end of the year, Commissioner Adam Silver said.

Twenty-five years after the Sept. 11 terrorist attacks, the effects of that day can still be seen across Southern Nevada.

Cox Communications customers in Southern Nevada will soon see Spectrum products and pricing following Charter Communications’ purchase of the cable provider.
Recently, there have been new reports about the long-term water reserves in Lake Mead and how they could impact living in Las Vegas. For analysis, we welcome back economics professor Stephen Miller of UNLV. He is also the Director of Research at the Center for Business and Economic Research at the Lee Business School.
A restaurant that celebrates the American South might seem like an unexpected follow-up from the restaurateurs behind C As in Charlie and Kisa but all of the businesses are rooted in the owners’ collective biography.

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.

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