The Death Of Las Vegas
- Thread starter Lumi
- Start date
Has anyone been to Vegas RECENTLY? I keep hearing all the doom and gloom, but when I was looking at trips a few months ago the prices seemed right in line with what they always are. :shrug:
Also, I noticed a comment on that Web site from a guy who said he went there in 2008 and it was dead. Really??? When I went there in 2008 the place was f'ing booming.
Just wondering if anyone out there has firsthand experience of what it's like over there now...
Also, I noticed a comment on that Web site from a guy who said he went there in 2008 and it was dead. Really??? When I went there in 2008 the place was f'ing booming.
Just wondering if anyone out there has firsthand experience of what it's like over there now...
Vegas is fine. Went 3 times last year and once this year and it's packed every time I go.
I do not understand :shrug: :shrug: :shrug:
I'll be there on the 28th if anybody wants to hookup for a brew :mj07:
I do not understand :shrug: :shrug: :shrug:
I'll be there on the 28th if anybody wants to hookup for a brew :mj07:
Thanks. That's kinda what I figured. Typical overreaction, kind of like the people who say you shouldn't invest in stocks or real estate due to the recent downturn. :mj07:
I'm definitely not recommending buying Vegas real estate yet. Residential was way overbuilt - it will be a while before that takes off again. But the city is not 'dying' - especially the core tourist industry - in spite of poor scared *Steve* not liking brown faces.
That whole read was bullshit. The only thing that was even close was the housing situation. Of course jobs are down. They are down almost everywhere!
But that article makes it sound like Vegas is a ghost town, and you are going to get jumped for your wallet if you get off of the plane!
Is it different than it was 5 years ago? Yeah...it is. Dead? I don't think it's even close. Never will be.
There will always be people who want to gamble.
Yeah....uhhh no thank you, sir. I enjoy all this non-surviving way more.:toast:
Oh no, I didn't mean real estate in Vegas, specifically. I just meant with the stock market and real estate markets going down, there are some people saying you should avoid them at all costs. I was just saying I disagree with that notion.
No kidding. A lot of doom and gloom but it was jumping even as far out as the Southpointe last February:SIB
Jack,
Since you're a Vegas pro, when do you think is the best time to go (as far as price/deals)? I typically avoid it in the summer, but I've heard a little before/after Thanksgiving and/or Christmas are good times to go since it's less crowded and the prices are better. Any truth to the rumor? :shrug:
I have been going to Vegas at least once a year since 1993 & have noticed one change in recent years. The hotels are making it more enticing to go to Vegas for "Players Club" members. Years ago they enticed me by giving me comp meals. At that time I strictly played blackjack (small player) in the casino. Over the last few years, & especially during this down cycle I stopped playing blackjack & started only playing video poker & now I occasionally get 3 free nights (Wynn) or 2 free nights (Bellagio /Mirage) as enticements. So imo the enticements have gotten sweeter because of the economy.
One other thing, most of my gambling is done in the sportsbook especially if I am there during football season....& those bets are sometimes of a considerable amount, moreso in recent years. So I don't know if that is the reason for the sweeter deals or not....but the enticements have been sweeter over the last few years.
One other thing....the builders in Arizona are starting to buy mass amount of land again, which imo means that the housing market may be coming back....so I think the Vegas housing market will be coming back shortly also.
Great info, AR! I've often wondered what the 'secret' is to getting comps for each casino. I know the last time I went to Caesar's a plopped down what I considered a considerable amount on some games (notice how I said I considered it a lot, others might not :142smilie), and I think I got like 2 or 3 free drink tickets. Hell, I could have just walked over to the blackjack tables and received free drinks. :mj07:
Speaking of Vegas real estate, the home prices there never cease to amaze me. I had a buddy tell me he was thinking of buying a vacation home there for around $100K. I assumed he was f'ing with me, but not only was he not f'ing with me, the house he was looking at was pretty nice.
Glenn....If you intend to or actually go to Vegas often you should make sure that you get player club cards....as you can see I am not a big gambler & i still get deals from the hotels.
