Regulation/Economic Development
Recent News
Greenspan and Bernanke’s war on Nevada
According to the most recent reports, Nevada leads the nation in the rate of homes that are in negative equity, at 55 percent. Nationally, the rate is about 20 percent. The primary reason for this disparity is that growth in Nevada—and in Las Vegas in particular—outpaced growth in the rest of the nation during the peak of the real estate bubble when land values were artificially high.
Riding the downward spiral
Assembly Speaker Barbara Buckley has introduced a bill that would supposedly stabilize Nevada's housing market and assist homeowners who are in danger of foreclosure.
NPRI's Transparency Project on the LVCVA: Feb. 16, 2009 update
The Las Vegas Convention and Visitors Authority is attempting to redefine its legal identity and that of its top official in the wake of the Nevada Policy Research Institute's disclosures of improper spending, ethics violations and a longstanding breach of contract by the authority's advertising agency.
Lemmings in suits
Let's recall how Nevada got into this economic mess, OK? It was the loving gift of your federal government.