The big question is: when will the recession be over? How can Las Vegas recover the economic vitality it enjoyed during the boom years? The chief economist for Wells Fargo, John Silvia, joins us to answer your questions on housing, banking, and other issues..
The Federal Reserve Bank of New York says investors are the ones who drove Las Vegas’ catastrophic housing market crash. New research shows that investors inflated the housing market between 2004-2007, making the plummet downward all the more dramatic.