The economy might seem mired in recession in Southern Nevada but elsewhere the sick economy is creating a boom - the gold-mining counties have little or no unemployment, construction work for those who want it and the good times are rolling. This counter-cyclical boom is the other side of the bubble that burst in 2008.
The Las Vegas housing market has long been one of the worst in the nation - foreclosures at record levels and 50 to 60 percent drop in prices over the last three years. So where is the housing market now? Will it take decades to fully recover? And what is driving the continued wave of problems with the market?