Las Vegas has been voted the number one city in America out of the top ten “underwater” housing markets a U.S. News & World Reports says. A slide show was featured on the MSN home page today showing the world what locals already knew.
Also on MSN, BusinessWeek announced another fact locals already knew; the Vegas rental market is way down due to so many people losing their homes and/or moving out-of-town. Seattle placed number one for the worst housing rental, Reno second and Vegas third. Nevada made the top two out of three for rental loss and number one for housing market loss.
Vegas is certainly the last city anyone ought to move to, at least for the next few decades.
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