In The News: Lee Business School

The Nevadan

When the United States was in the midst of a fight against inflation in mid-2022, Nevada Republican US Senate candidate Sam Brown had an idea he said would have stopped inflation in its tracks — but one that also could have prompted a recession.

KSNV-TV: News 3

UNLV has released projections for Clark County's population covering the next 35 years. The university's Center for Business and Economic Research (CBER) on Wednesday published its 2024-2060 population forecasts.

Las Vegas Review Journal

Clark County is expected to hit 3 million residents in 2042, according to a new UNLV report. The county’s population is expected to grow “steadily” in the near future, adding approximately 38,414 residents to its population in 2024 and continue growing at more than 1 percent per year up until 2039 when it will have 2.9 million residents, said Andrew Woods, director of the Center for Business and Economic Research at UNLV.

Battleground News

Nicholas Irwin, Associate Professor of Economics at UNLV joins S.E. Cupp on Episode 2 of Battleground! Nicholas expands on the cost of living in NV, how it's impacting voters, and the crazy reality of rent & mortgage prices.

Las Vegas Review Journal

There is no way around it, the Las Vegas Valley has a big problem, said the leader of the Nevada Housing Coalition. “Straight answer is we have a housing crisis in every sense of the imagination,” said Maurice Page, executive director for the coalition.

Las Vegas Review Journal

North Las Vegas and Reno continue to battle for a spot as the third most populated city in Nevada, according to a new U.S. Census Bureau data. North Las Vegas was once a bootlegging settlement, and Reno in the northern part of the state was once known as “cow county,” but both cities have changed their image and economy over time — and size in recent years.

Las Vegas Review Journal

North Las Vegas and Reno continue to battle for a spot as the third most populated city in Nevada, according to a new U.S. Census Bureau data. North Las Vegas was once a bootlegging settlement, and Reno in the northern part of the state was once known as “cow county,” but both cities have changed their image and economy over time — and size in recent years.

Las Vegas Review Journal

Cybersecurity attacks on two different companies appear to be hindering some Nevada car dealers’ operations. Findlay Automotive has shared no updates on its efforts to address a ransomware cyberattack that has hindered its ability to sell and service vehicles for nearly two weeks. Operations at the group’s 17 valley dealerships were still affected Friday, one Findlay Automotive service center said customers need to pay in cash and that no appointments can be scheduled. Vehicle sales also couldn’t be completed.

Las Vegas Review Journal

With mortgage rates at a 20-year high and many homeowners locked into low rates they nabbed during the pandemic, fewer existing houses are selling in Southern Nevada and homebuilders are offering more incentives to get buyers into new homes.

Las Vegas Review Journal

The Las Vegas Valley could run out of land to build houses in as little as eight years, and this is definitely cause for concern, the leader of the region’s homebuilders association said.

KTNV-TV: ABC 13

If you're a renter, chances are your rent has increased in the last year. According to Redfin, the median rent in Las Vegas is about $1,500, while the national average is just over $ 1,600.

Las Vegas Review Journal

The Las Vegas metro region has one of the highest rates of rental burdens in the country, according to a new UNLV study. In Las Vegas, Henderson, North Las Vegas and the overall metro region, 58.3 percent of all renters are spending more than 30 percent of their income on rental costs. The U.S. Department of Housing and Urban Development states that a renter is “housing cost burdened” if they are spending more than 30 percent of their income on  housing costs.