In The News: Department of Economics
As houses continue to burn in Los Angeles, officials have already started talking about rebuilding the city. “We’re going to rebuild this remarkable community and we’re going to come back,” California governor Gavin Newsom said in a call with President Biden on January 10. Los Angeles mayor Karen Bass added her own call for action. “We’re going to recover, and we’re going to rebuild and we’re going to rebuild better.”
Wildfires continue to devastate Southern California, with the Los Angeles Times reporting today that a “particularly dangerous situation” warning is once again in effect for areas of Los Angeles and Ventura counties. At least 25 people have died.
People are increasingly moving into the wildland-urban interface areas, where human development meets wild vegetation, like forests, according to a University of Nevada-Las Vegas expert. Such landscapes are also notorious for wildfires.
As the battle against several Southern California wildfires continues to rage on, one expert told me the impact could be seen far outside the fire path, and even here in our valley.
Thousands of people have been displaced by Los Angeles area fires and 51ԹϺ economist Nicholas Irwin said it’s likely for people to seek refuge here in the Las Vegas valley.
A fuel pipeline from California to Nevada was expected to restart operations Friday, lessening the threat of a supply problem across the Las Vegas valley, a county spokesperson said late Thursday.
Forecasters estimate the damage to Los Angeles has surpassed $50 billion. For more on the wildfire impacts to the housing market, KCBS Radio news anchor Steve Scott spoke with Prof. Nicholas Irwin, Economics Professor at the University of Nevada, Las Vegas.
Hundreds of wildfire victims have returned to what once was their home now a pile of rubble. As some begin to game-plan and move into recovery mode many are now seeking a temporary place to call home, while they sort out plans to rebuild.
Thousands of people have been displaced by Los Angeles area fires and 51ԹϺ economist Nicholas Irwin said it’s likely for people to seek refuge here in the Las Vegas valley.
A new charter school in the Las Vegas valley is taking a different approach to education in its choice of location and opportunities for students. The charter school is now being built inside the Boulevard Mall, offering middle school students a unique environment to thrive both academically and personally.
A new charter school in the Las Vegas valley is taking a different approach to education in its choice of location and opportunities for students. The charter school is now being built inside the Boulevard Mall, offering middle school students a unique environment to thrive both academically and personally.
For decades, a home with a spacious backyard has symbolized the American suburban dream. But in Las Vegas, that dream is evolving as developers embrace smaller lots and denser rental communities to address the valley’s housing crisis. The trend is sparking heated debates among residents.
