In The News: Department of Economics

KNPR News

Welcome to UNLV. Today is the first of our four live shows from campus and Greenspun Hall during this, the university’s Homecoming Week.

KLAS-TV: 8 News Now

A little vacation splurge, multiplied by millions of tourists annually, keeps Las Vegas’ dazzling strip lights shining.

Desert Companion

UNLV’s medical students conduct walkability studies of Las Vegas neighborhoods to get a more holistic view of factors that affect people’s health outcomes. They evaluate transportation, food access, air quality, and amenities, identifying gaps and devising plans to address issues. Students have spoken about their experiences at legislative sessions about inequities in healthcare.

KTNV-TV: ABC 13

The possibility of a culinary union strike in Las Vegas is leaving visitors concerned.

Apartment Advisor

In the last six years, built-for-rent single family housing starts (AKA permits) have risen by 86%, according to the latest data from the U.S. Census. Though its growth has slowed in recent months (most likely due to rising interest rates on construction loans), built-for-rent construction is certainly still growing.

KSNV-TV: News 3

Gas prices around Las Vegas have been sharply increasing in recent weeks and it's causing a palpable pain amongst residents. Some have said it's forcing them to cut down on spending elsewhere.

KTNV-TV: ABC 13

Major new developments are coming to the Las Vegas valley by the end of this year.

Las Vegas Business Press

According to reports by Coldwell Banker, 2023 will be a record-breaking year for apartment complex completions in Las Vegas as 19 high-end multifamily developments have or will be completed this year or by early 2024 — adding 7,000 units to the city’s inventory. By contrast in 2022, only 882 units came online.

KLAS-TV: 8 News Now

Stephen Miller, director of research for UNLV’s Center for Business and Economic Research, says in this kind of climate, employees have the upper hand.

Vegas Inc

Millions of people in the United States with federal student debt might have to readjust their spending this fall, when student loan interest and repayments are slated to resume after a three-year pause brought about by the COVID-19 pandemic.

Las Vegas Review Journal

Las Vegas finds itself at an interesting point in terms of demographics and real estate. UNLV’s Center for Business and Economic Research projects the valley will continue to grow year over year for the foreseeable future, adding 42,066 residents in 2023 alone. And National Low Income Housing Coalition estimates the valley is already short close to 84,000 low-income rental units, a number that has been steadily rising the past few years.

KLAS-TV: 8 News Now

A new study by the University of Nevada, Las Vegas shows an interesting trend in rent prices across the valley. Rent is increasing in lower-income areas while decreasing in higher-income areas.