The economy will be one of the main issues in the 2024 Presidential Election. Americans are concerned about the cost of food, fuel, and housing, among other things.

Wall Street-backed hedge funds, corporate landlords and cash rich investors have been buying up single-family homes across the country as far back as 2009, which experts say means fewer houses on the market for families to purchase. That also could lead to higher rental prices and fewer affordable homes in regions like the Las Vegas Valley. A MetLife Investment Management study shows these companies could own close to 40 percent of all U.S. houses by 2030.

The word of the year when it comes to Las Vegas real estate has to be “inflation.” High interest rates — not seen since the beginning of the Great Recession in 2008 — were brought in by the Federal Reserve last year to stem runaway inflation, brought on by pandemic restrictions wreaking absolute havoc on the global economy. This put a serious damper on the national housing market, and Las Vegas was not immune to the pain.

The focus of the Nevada gaming industry today will be whether the state shattered the all-time November revenue record of $1.32 billion, thanks to the Las Vegas Grand Prix.

All eyes will be on the Federal Reserve in gauging where Las Vegas Valley’s real estate market could head next year, area real estate agents said.

At least six Nevada legislators who own rental properties voted against bills affecting rentals — from capping rent increases for seniors to increasing transparency on rental leases — prompting concerns about special interests’ influence on government.

Details for how much Culinary Union workers will be earning under their new 5-year contracts with Caesars, MGM, and Wynn resorts have finally been released.

The Formula 1 Las Vegas Grand Prix race is now in our rearview mirror. However, some locals still deal with ripple effects from the event and its preparations.

Taxpayer subsidies for stadiums part of doing business, experts say

Taxpayer subsidies for stadiums part of doing business, experts say

Las Vegas is prepared to welcome international high rollers and the jet set when it hosts the Formula One circuit this week, and operators and analysts are excited about what it will mean for the bottom line on a traditionally slow weekend before Thanksgiving and for years to come.

With only days left until thousands of Culinary Local 226 members on the Las Vegas Strip threatened to go on strike, negotiations took a bit of skill and several late nights to wrap up.