In Nevada, by the strip in Las Vegas, the prices of Condominiums are beginning to sky rocket because areas around Las Vegas are starting to urbanize even more. They are expanding upward. A 700 square foot Condo can be now bought in Vegas for around $1.2 million. They are comparing this boom to ocean front property and the market is rapidly increasing. I am wondering, is having a home that close to Vegas worth the same price as a house on the beach. IN my opinion, no, it isn't. After reading the article, let me know what you think.
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