In The News: Lee Business School
Fewer travelers are hitting the Strip, and higher costs are changing how visitors spend.
Nevada’s affordable housing crisis reportedly has put the state more than 70,000 housing units short of demand. A recent special session bill narrowly fell short of addressing a corporate homeownership issue experts say has exacerbated the decades-long issue.

It’s a no-brainer for many: As the outer boundaries of the Las Vegas Valley blur and thousands of homes pop up where only desert used to be, the bathtub ring around Lake Mead seems to only deepen.

A new report ranks one Las Vegas Valley city among the nation’s communities with the most unmanageable level of credit card debt.
If your grocery bill feels unpredictable lately, it may not be just inflation at work. A new investigation suggests that some shoppers are paying more than others for the exact same groceries — even when buying from the same store at the same time.

Las Vegas is facing a housing reality many families here are feeling firsthand. A new report from UNLV's Lied Center for Real Estate that shows investors have bought up nearly 100,000 single-family homes across the valley — about one in every five homes sold over the past 15 years.

As Las Vegas’ economy goes, so goes Nevada’s. It’s simple mathematics because of the region’s size, accounting for 70% of the state’s population and a similar amount of its gaming and tourism business. And the math doesn’t look good.
Las Vegas is having a rough year, with "practically every conceivable indicator tracking tourism ... flashing warning signs," writes Luke Winkie at Slate. Well, except for one indicator. Casino revenues keep rising, suggesting the city is making more money from fewer people. Winkie sets out to understand what's going on by visiting the city, playing at its tables, and talking to experts and tourists alike.

Film tax credits and other priorities of Gov. Joe Lombardo were supposed to be the highlights of the Nevada Legislature’s special session in November. But legislators stole the spotlight (at least temporarily) when, for the first time in Nevada history, they added a bill to Lombardo’s session agenda seeking to limit corporate homebuying in the Silver State.
If timing matters for your budget, there are certain gift categories that show more reliable chances for last-minute price drops, according to ChatGPT. Retailers use dynamic pricing during the holidays, meaning prices can move up or down based on demand and inventory levels. It’s a pricing strategy that can make waiting until the final week before Christmas worthwhile for some purchases. Here are a few ways to take advantage if you still have some last-minute shopping to do.

The holiday season is upon us, and shoppers are in the homestretch of their search for gifts. But what role will the economy, dynamic pricing, and shrinkflation play in consumers’ ability — or even interest — to cross items off their wish lists?

Since the wake of the 2008 Great Recession, investors have purchased close to half a million houses in the valley and a recent UNLV study found they could own approximately 15 percent or more of the valley’s housing stock, and 25 percent in North Las Vegas alone. The two largest property owners in the county are Wall Street-backed companies, and there has been a growing chorus from local politicians to stem their ownership stake locally.