Las Vegas, Nevada
July 23, 2012
New construction on the out-skirts of Las Vegas, where urban sprawl was moving rapidly in 2008 and came to a halt but it has just started up again because homes for sale are difficult to find.
Although many homes in Las Vegas are vacant most investors and banks, who own the homes, are holding them hoping to see prices rise to turn a profit. Construction of new housing has begun again in Vegas artificially inflated market.