<p>Does that make you rich? Im talking about all those houses that you see on the way.</p>
<p>no, thats an assumpiton. it varies dramatically on your “in” with the real estate market … and the way the house market is looking now with sales dropping by 30% in vegas in the past couple months not many people are getting rich to fast vs. a while ago when jumping on the real estate bangwagon was the way to go to get rich, and everyone was in a scurry to get some sort of investment going.</p>
<p>haha, no. Nevada has one of the highest foreclosure rates currently and most of that is due in part to the housing boom in Vegas which has now gone bust. There have been many cases of people who win a large amount of money and use it to buy a house they later can’t afford, but most people in Vegas are not super wealthy.</p>