IT’S GETTING HOT IN HERE
The Real Score on Why Real Estate is a Good Investment in Las Vegas
The big question: Why, of all places in the United States are more and more people choosing to settle down in Las Vegas?
This question has been what people were gushing about lately after a survey came out, stating that Nevada, Las Vegas in particular, is the new home for the retired population. Records showed that since 1995, Nevada has slowly been surpassing the elderly migrant rates of Arizona and Florida, two of the most famous migratory states of retirees aged 65 and above.
There is an average of 5000 people that relocate to Las Vegas every month. This includes both migrants who choose to settle down in Las Vegas, and businessmen who wish to invest in the city. In fact, the local phone directory is reprinted twice a year to accommodate the new residents who are moving in.
Basing on this statistics, several possible reasons were then enumerated:
Economy
What else could better reason than an attractive economy? Understandably, residents would normally flood to where there is progress and stability. In Vegas, tourism alone is reason enough to claim that they have continuous economic growth. Add to this the amount of money made by two of its most famous tourist attractions: Casinos and Wedding Chapels, no doubt Las Vegas is the place we all want to gamble our gold.
Taxes
In most progressive cities, their riches are coupled with one difficulty: they require big taxes. But this is not the thing in Las Vegas. Their tax level is lower than any other city with approximately the same land area as that of Las Vegas. This is an obvious advantage which makes the the city far more appealing.
Climate
Since the climate is warm all year round, the city is very suitable for the elderly population. Although it gets a little bit hotter in dry seasons, almost all establishments and vehicles are air conditioned, so weather is the least problem for locals and tourists alike.
Cost of Living
Since there are lesser taxes, the cost of living is relatively low too. Therefore, there are more and more people who are likely to maintain healthier and better lifestyles without having to pay a fortune.
Housing
Cognizant of the fact the Las Vegas is the new haven for the elderly population, home builders have specifically designed retirement villages to suit the housing needs of retirees. These communities are goaled towards providing the aging population the chance to pursue an active and productive lifestyle. They offer amenities such as fitness centers, recreation parks and sport complexes. Developers see to it that the elderly population will remain as a productive and valued part of the community.
The big question: Why, of all places in the United States are more and more people choosing to settle down in Las Vegas?
This question has been what people were gushing about lately after a survey came out, stating that Nevada, Las Vegas in particular, is the new home for the retired population. Records showed that since 1995, Nevada has slowly been surpassing the elderly migrant rates of Arizona and Florida, two of the most famous migratory states of retirees aged 65 and above.
There is an average of 5000 people that relocate to Las Vegas every month. This includes both migrants who choose to settle down in Las Vegas, and businessmen who wish to invest in the city. In fact, the local phone directory is reprinted twice a year to accommodate the new residents who are moving in.
Basing on this statistics, several possible reasons were then enumerated:
Economy
What else could better reason than an attractive economy? Understandably, residents would normally flood to where there is progress and stability. In Vegas, tourism alone is reason enough to claim that they have continuous economic growth. Add to this the amount of money made by two of its most famous tourist attractions: Casinos and Wedding Chapels, no doubt Las Vegas is the place we all want to gamble our gold.
Taxes
In most progressive cities, their riches are coupled with one difficulty: they require big taxes. But this is not the thing in Las Vegas. Their tax level is lower than any other city with approximately the same land area as that of Las Vegas. This is an obvious advantage which makes the the city far more appealing.
Climate
Since the climate is warm all year round, the city is very suitable for the elderly population. Although it gets a little bit hotter in dry seasons, almost all establishments and vehicles are air conditioned, so weather is the least problem for locals and tourists alike.
Cost of Living
Since there are lesser taxes, the cost of living is relatively low too. Therefore, there are more and more people who are likely to maintain healthier and better lifestyles without having to pay a fortune.
Housing
Cognizant of the fact the Las Vegas is the new haven for the elderly population, home builders have specifically designed retirement villages to suit the housing needs of retirees. These communities are goaled towards providing the aging population the chance to pursue an active and productive lifestyle. They offer amenities such as fitness centers, recreation parks and sport complexes. Developers see to it that the elderly population will remain as a productive and valued part of the community.
posted by realestatevegas | 11:07 AM
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