Wall Street is buying up Las Vegas neighborhoods. Corporate investors now own 14% of all single-family homes in the valley—and 25% in North Las Vegas. In Q3 2024 alone, investors spent $1.02 billion buying homes, the largest increase in the nation. When the legislature passed a bill to track and limit investor purchases, Governor Lombardo vetoed it. Meanwhile, 42,000 families wait for housing assistance.
When the Nevada Legislature passed a bill to track and limit corporate investor home purchases, Governor Joe Lombardo vetoed it. His reason? It would hurt commerce.
In just three months, corporate investors spent over $1 billion buying Las Vegas homes. It was the largest increase in investor purchases of any major U.S. city.
Corporate investors now own 14% of all single-family homes in the Las Vegas Valley—and a staggering 25% in North Las Vegas. They're targeting minority communities and pricing out families.
How Warren Buffett's monopoly overcharged Nevadans $65 million, killed solar, and spent $63 million to block energy choice.
$800M+ extracted from Las Vegas residents, workers, and businesses. Berkshire Hathaway captured billions. The complete investigation.