Real estate investors in Las Vegas bought up as many as 30% of the houses during the peak of the pandemic. Adding a lot more rentals to the inventory levels and taking away homes for sale.
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The result is that there's now too many rentals on the market and rents are going down, with the landlord on this townhouse in Las Vegas doing a big rent cut.
Declining rents is a big problem for these investors...so could we eventually see them start to sell in a city like Las Vegas in 2024?
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
REVENTURE APP: https://www.reventure.app
The result is that there's now too many rentals on the market and rents are going down, with the landlord on this townhouse in Las Vegas doing a big rent cut.
Declining rents is a big problem for these investors...so could we eventually see them start to sell in a city like Las Vegas in 2024?
---
Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
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