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Monday, October 15, 2012

Investors Take Big Bite out of Las Vegas Housing Supply

The housing supply in Las Vegas has shrunk rapidly over this past year as cash investors continue to buy homes in bulk for the purpose of renting them out. From the article: "Housing inventory fell nationally by 19 percent, including 15 percent in the bottom tier and 22 percent in the upper tier."
Source: VEGASINC.com
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