turnberry towers las vegas: Is It 5 Years or 10 Years Before Las Vegas Sees Another High Rise? - 11/25/08 04:44 AM
I find it interesting that speakers at Las Vegas real estate meetings are now attempting to project the timetable to build the next condominium high rise in Las Vegas.  The latest projection was presented last week at 10 years by a prominent businessman who was involved in the development of Panorama Towers.
The curious part of such presentations is on what basis are these projections made?  Is it labor cost or raw materials?  Is it land costs?  Is it supply and demand?  Is it the current credit crunch?  Sure these play a part in any developer's decision to build or not … (0 comments)