I talked to a building supply yard today that we sell to. They said that all jobs for hotels stopped today due to the cash flow issue with vegas shutting down. Housing is starting to slow down because of this as well. The only job site that has not seen a slow down is the new NFL stadium that needs to be finished in a couple months.
If this Corona virus extends for a couple months and the state or government doesn't help out, I expect the market to crash out there due to people losing their houses from the sudden stop of their local economy.
If you want to buy, I'd wait a couple months as this crisis hits them hard. It won't be 2008 levels where you could buy a new house with a pool for $85,000, but I'd expect a 25-30% pricing dip at least.
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