Tiny Vegas House Sitting in the Middle of Housing Craze
Click here to see this 700 square foot home nestled in the shadows of billions of dollars of new condominium projects. The house has “Feliz Navidad” painted on the front windows that won’t wash off. The landscaping consists of four shriveled cacti and the patio is piled high with empty cat food boxes. This home is on the market right now for $1.2 million, and the owner won’t accept anything but cash. They say that it is like beach front property they’re not going to be making any more of it. This craze is going throughout the city of Las Vegas. A vacant one acre lot in Las Vegas is up to $601,600 that is an 88 percent increase from last year. I can’t believe this outrageous real estate market. The most outrageous thing is that speculators think that it is going to keep going up. I think that it is quite scary we as students are about to graduate and find jobs, but how are we going to find a house that we can afford?
Posted by taylor at 10/31/2005 05:33:00 PM