Thread Rating:

DRich
DRich
Joined: Jul 6, 2012
  • Threads: 72
  • Posts: 6494
July 14th, 2020 at 3:31:28 PM permalink
Quote: billryan

I like the Overton area. I thought it was a bit remote but then I moved to the middle of nowhere.



Overton is nice but it seems to be a very tight religous community. Mormon I believe.
Living longer does not always infer +EV
Vegasrider
Vegasrider
Joined: Dec 23, 2017
  • Threads: 58
  • Posts: 575
July 14th, 2020 at 4:24:34 PM permalink
Whatever you do, don't move to Reno, that includes everyone from California.
AlanMendelson
AlanMendelson
Joined: Oct 5, 2011
  • Threads: 97
  • Posts: 3554
July 14th, 2020 at 4:44:32 PM permalink
Quote: kewlj

On a positive note, real estate prices here in Vegas are surprisingly UP. They dipped a bit the first month of the shutdown, but then immediately returned to levels above pre-shutdown.



Dont be fooled by current sales or price reports. The actual foreclosure problem won't develop for another six months. And some big multi million dollar sales can skew the stats for a small market such as Nevada with only three million residents.

Remember, this state still has a 25% unemployment rate. About 40% of the casinos are closed. The $600 per week unemployment insurance boost ends in two more weeks and then the average unemployment benefit in Nevada will be about $330 per week.

How do you support a family and pay a mortgage and utilities and other bills with $330 a week?

You don't.

Somethings gotta go.
billryan
billryan
Joined: Nov 2, 2009
  • Threads: 175
  • Posts: 9747
July 14th, 2020 at 4:52:27 PM permalink
Quote: AlanMendelson

Dont be fooled by current sales or price reports. The actual foreclosure problem won't develop for another six months. And some big multi million dollar sales can skew the stats for a small market such as Nevada with only three million residents.

Remember, this state still has a 25% unemployment rate. About 40% of the casinos are closed. The $600 per week unemployment insurance boost ends in two more weeks and then the average unemployment benefit in Nevada will be about $330 per week.

How do you support a family and pay a mortgage and utilities and other bills with $330 a week?

You don't.

Somethings gotta go.



You take your $330 to the casino and triple it.
In all seriousness, I don't see banks foreclosing on thousands of homes. It's not in their best interest. They'll add on time at the back end, throw in a few points spread out over the life of the loan and everybody will be happy.

We need to be able to pay for food and medicines. Everything else can wait.
ChumpChange
ChumpChange 
Joined: Jun 15, 2018
  • Threads: 33
  • Posts: 1405
July 14th, 2020 at 5:35:37 PM permalink
We're going straight to civil war this summer, and most of us can't leave the country..
TDVegas
TDVegas
Joined: Oct 30, 2018
  • Threads: 0
  • Posts: 584
July 14th, 2020 at 6:00:42 PM permalink
Quote: billryan

I like the Overton area. I thought it was a bit remote but then I moved to the middle of nowhere.


I went thru Overton last week. Remote. Quiet. Isolated. Returned from Valley of Fire thru the back entrance.

Saw 2 huge churches within about a mile of each other. Latter Day Saints? Is it a religious area/community?

Overton was hotter than Vegas.
TDVegas
TDVegas
Joined: Oct 30, 2018
  • Threads: 0
  • Posts: 584
July 14th, 2020 at 6:03:24 PM permalink
Quote: AlanMendelson

Dont be fooled by current sales or price reports. The actual foreclosure problem won't develop for another six months. And some big multi million dollar sales can skew the stats for a small market such as Nevada with only three million residents.

Remember, this state still has a 25% unemployment rate. About 40% of the casinos are closed. The $600 per week unemployment insurance boost ends in two more weeks and then the average unemployment benefit in Nevada will be about $330 per week.

How do you support a family and pay a mortgage and utilities and other bills with $330 a week?

You don't.

Somethings gotta go.


There is a reckoning coming to Vegas when the extra $600 dries up. Iím worried about the consequences for this city.
coilman
coilman
Joined: Jan 29, 2012
  • Threads: 129
  • Posts: 1085
July 14th, 2020 at 8:29:57 PM permalink
Quote: ChumpChange

We're going straight to civil war this summer, and most of us can't leave the country..



Looks like the NORTHERN border shutdown is now extended til August 21 ( shortly before that date will be extended till Sept 21) and on and on

1600 new cases in Canada last week ..... yes 37 million people and 7 full days of testing 1600

Maybe its in our beer the solution to this virus
billryan
billryan
Joined: Nov 2, 2009
  • Threads: 175
  • Posts: 9747
July 14th, 2020 at 8:46:14 PM permalink
Quote: coilman

Looks like the NORTHERN border shutdown is now extended til August 21 ( shortly before that date will be extended till Sept 21) and on and on

1600 new cases in Canada last week ..... yes 37 million people and 7 full days of testing 1600

Maybe its in our beer the solution to this virus




Canada closed its SOUTHERN border. Mexico has closed its NORTHERN Border., at least in Arizona.
darkoz
darkoz
Joined: Dec 22, 2009
  • Threads: 238
  • Posts: 7278
July 14th, 2020 at 10:47:55 PM permalink
You know Coronavirus is bad when they even cancel a festival of testicles

https://www.google.com/amp/s/missoulian.com/news/local/testicle-festival-canceled-following-deaths-attendance-decline/article_8113f1e2-17d0-581d-a460-c406899deaaf.amp.html
For Whom the bus tolls; The bus tolls for thee

  • Jump to: