Las Vegas Condo Buyers Lose Big On The Strip

I’ve written before about the sorry state of the condo/hotel market in Las Vegas. Bill Lerner of Union Gaming just came out with a report with some more analysis. He says sales have slowed to just a trickle—four per month. Prices in buildings such as the Trump International Hotel are down about 18% but that’s only because the developer still owns them and isn’t willing to take a huge hit.

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