In The News: Lee Business School

When we talk about affordability in Southern Nevada, it's not just a numbers game. It's about real people like you and your neighbors trying to make ends meet.
The portion of Americans contributing more than a third of their income to rent has been rising for the past two decades, and today, it sits at around half of all renters, according to recently released Census data collected in 2023.

When the economy shifts no bells ring, smoke signals rise or, more contemporarily, smartphone alerts sound. You may not even notice, but economists do. So, when the Federal Reserve Open Market Committee, aka the lords of interest rates, cut rates by 50 basis points in September and another 25 basis points in November, economists and market analysts took notice.

When the economy shifts no bells ring, smoke signals rise or, more contemporarily, smartphone alerts sound. You may not even notice, but economists do. So, when the Federal Reserve Open Market Committee, aka the lords of interest rates, cut rates by 50 basis points in September and another 25 basis points in November, economists and market analysts took notice.
The Cannabis Policy Institute (CPI) at UNLV has released three new reports addressing key aspects of the cannabis industry. The reports were shared during the institute's inaugural symposium on Dec. 5 and highlighted critical challenges and opportunities related to regulatory reform, market trends, and emerging product categories.
The Cannabis Policy Institute (CPI) at UNLV has released three new reports addressing key aspects of the cannabis industry. The reports were shared during the institute's inaugural symposium on Dec. 5 and highlighted critical challenges and opportunities related to regulatory reform, market trends, and emerging product categories.

Investors have purchased approximately 131,710 homes in the Las Vegas Valley since the start of 2000, according to data obtained by the Las Vegas Review-Journal.
Splunk Inc., the cybersecurity and observability leader, today announced the University of Nevada, Las Vegas (UNLV) is raising the bar for cybersecurity education and campus security by integrating Splunk’s solutions into its student-powered Security Operations Center (SOC). Faced with the challenge of securing a large university environment with limited resources, UNLV turned to Splunk to help safeguard its campus and equip students with in-demand cybersecurity skills.

For decades, a home with a spacious backyard has symbolized the American suburban dream. But in Las Vegas, that dream is evolving as developers embrace smaller lots and denser rental communities to address the valley’s housing crisis. The trend is sparking heated debates among residents.

If you’re thinking about going up to Mt. Charleston to cut your own Christmas tree, think again. It’s illegal. And if you think everyone knows that, keep in mind that an estimated 115 people move to Clark County every day. That’s according to UNLV’s Center for Business and Economic Research.

UNLV’s Lied Center for Real Estate’s report looked at the availability of “workforce housing,” which consists of rental units that people in households making between 60% to 120% of area median income (AMI; $87,800) can afford.

The Las Vegas Valley posted the biggest increase in the nation in investor purchases for the third quarter of this year, according to a new study from Redfin.