A person with adequate resources would not be going through foreclosure. They may see a servicer change somewhere down the road, but that is something that happened even pre-rona...

That is an incredibly short-sighted statement. What about macroeconomic changes that lead to unemployment? Wouldn't that also lead to foreclosure? I'm pretty sure that's what the OP was referring to. If you don't think that your likelihood for unemployment or change in overall income - regardless of who you are - isn't going to increase over the next year, then you're just plain delusional.

Sorry, but this was just plain dumb.

Man you have got to be the most judgmental and accusatory sob here. Just because you disagree with something you call the person who writes it dumb. Or a moron. You’re a waste of time.

But there are still a high percentage of people out here with money and stable upper end management jobs that are not in the dire circumstances being doom and gloomed with future layoffs.

Not everyone lives hand to mouth. Those are the people who are buying now and spending money...

Real estate is a lagging indicator... much so more than the stock market which follows suit

"Upper end management jobs"??? HA! Those are the first to go. Also, educate yourself, and go read "The Millionaire Next Door". Your "upper end management" are the ones most likely to be living hand-to-mouth.

Sorry, but you lack experience in this department.

Yes, it will take some time for RE in Vegas to catch up. Again, the general guidance is to keep your bullets dry for a year, maybe longer if you want.

Actually, YOUR comment was just plain dumb.

There ARE indeed many who actually have the resources NOT to be impacted by an economic downturn to the point of foreclosure. I'm in the category that is close enough to retirement that I could leave my office tomorrow and still be comfortable...the bank/servicer gets nothing from me for any property. Only the tax office gets paid. Everything else in terms of property is free and clear.

And, even in the current situation, my income has actually increased (as has that of several I know in other areas of law). People STILL need counsel...and they are still willing to pay the fees we had set pre-rona. But we digress...

Again, that's pure survivorship bias and short-sighted thinking. You're just not mentally equipped to see it.

You lack a broader view and are burying your head in the sand over the very real things going on around you. Use your upcoming early retirement to educate yourself and start learning for the first time in your life, it will be good for you.

Every time you post you lose more and more sanity...

Best of luck in life...

You have yet to produce and backup or rationale for any of the drivel you post. So who’s really losing here?

You last message is a weak attempt to back down and save face but it’s a failure. You are simply not equipped for this discussion, period.

GentlemanJack seems like a real gentleman. I’m glad he’s here to save our pea brains from our own stupidity.

I work from here in Clark County albeit I do maintain a regular office. Still it is a relatively easy place from which to do business. (I once spent a few years in Playa del Rey, which was a great place to live, with a great weekend lifestyle .... but that was not as nice as here, provided you have both a good pool and lots of trees. on your property.)

I am curious how much of the market for homes in Clark County is being driven by "refugees" from California, nothwithstanding the worse CoVid infection rates in Clark County.

fwiw, the prices cited above for a pretty small house in Summerlin, without a pool, were way out of line on a $/s.f. basis with what is available in guard-gated communities in Henderson.

As for scorpions, they can be gotten rid of, even if your property backs up to undeveloped hills. Nasty ones, especially the small tan, almost-translucent ones.

Actually the poster you responded to was pointing out things that are obvious to anyone with a brain. Maybe the problem isn’t with everyone else. Maybe the problem is with you.

We need a containment thread for Jack, this is ridiculous. His negativity is bleeding everywhere.

Sent from my Pixel 3a XL using Tapatalk

Mirage is set to open on 8/27.

Absinthe has stated they they cleaned the tent and reduced/changed seating (cabaret seating for 220). Tickets are up for 10/1. There are show times for the end of September, but no seats available. I am assuming none of these are firm dates and they are waiting word from the governor. Any locals with a better idea of when that word is coming? I saw that Opium is making similar changes. Le Rêve permanently closed this week

You are most welcome.

I think that Sisolak is by-and-large doing a good job. But I don't see any drivers that would make him lift the limit on gatherings (which I think currently stands at 50). Putting up tickets might just be speculation on their part - and they are free to do that, right or wrong - but there has been no official word from the governor on this.

I don't see anyone providing any backup, references or sound rationale. If you weren't such a coward, that person might have been you. But I won't hold my breath on that one

TIME FOR A NEW GAME.. EVERYONE STOP QUOTING AND REPLYING TO JACK.

With no one feeding the troll he will move to another place to look for food...

Those you refer to, those that have the resources not to be impacted, to survive and even thrive in this stifled economy, will not mean squat in the overall picture if our economy continues to fail and shrink. They constitute only a tiny percentage of consumers. The vast majority of consumers are indeed ruled by the successes or failures of our economy. The more the economy tanks, and it tanked another 33% last quarter alone, the more unemployment, 56 million Americans lost their jobs, the less buyers that will even qualify for mortgages, no matter how desirable the rates. It may take awhile, but it's a bubble begging to burst.

fwiw, I agree 100% with GentlemanJack and I thank him for his replies.

Maturity is your friend.

Says the person who agrees 100% with UNgentleman jack, who calls everyone stupid, dumb and morons. Nice of you to show your alliance with him.

Alliance? I agreed with his perspective on a subject I raised. And I still do. He is spot on about how our economy impacts all segments of society, not just the poor. Many millions of Americans have become disenfranchised by the apocalyptic effects of this pandemic.

Poker is dead until a viable vaccine is found and that largely affects how much I am willing to invest in living there. I asked for perspectives on the viability of buying a house in these times, and because I agree with a response I received I am a jackass?

I have been on 2+2 for decades. When did it get so cliquishy. Yes, I made a word. Fits too.

This name-calling is a bit much from GJ, who admittedly is afraid to post with his real identity.