Las Vegas land shortage looming
There is plenty of raw land still around in Southern Nevada, the desert kind. The land belongs to the Federal Government, though, and therefore is out of reach of developers. For some reason the Bureau of Land Management, or BLM, is very slow in releasing much of it for the usual auctions they from time to time run.
Knowing that, Las Vegas Chamber of Commerce reps trekked all the way to Washington to talk with Nevada's congressional delegation. Their beef is that the lack of available land here is pushing up prices and the federal dirt now allocated for sale could dry up in six years. More land should be auctioned off, they say. To read the entire article, please click on the link in this paragraph.
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