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Las Vegas Real Estate |
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Las Vegas is the most populous city in Nevada, the most populous city founded in the 20th century, and a major vacation, shopping, and gambling destination. Las Vegas is sometimes called Sin City due to the popularity of legalized gambling, availability of alcoholic beverages at any time (like all of Nevada), various forms and degrees of adult entertainment, and legalized prostitution in nearby counties (Nevada law prohibits prostitution in counties which have populations greater than 400,000). The nickname favored by local government and promoters of tourism is "The Entertainment Capital of the World." The city's glamorous image has made it a popular setting for films and television programs.
Las Vegas has been a city of sustained growth. While there have been small lulls, there has never been a major downturn and the city is (as of mid-2005) enjoying a major boom and is one of the fastest growing economies in the U.S. today. The constant stream of tourist dollars from the hotels and casinos was augmented by a new source of federal money. This money came from the establishment of what is now Nellis Air Force Base. The influx of military personnel and casino job-hunters helped start a land building boom which still goes on today.*
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