Jeremy Aguero, a principal at Applied Analysis, was quoted in the paper discussing the need for a new school building bond.
“Aguero expects Southern Nevada’s population by 2020 will grow to 3 million, from 2 million”.
Think about that for a minute. That means that there will have to be a roughly 50% increase in housing. Imagine rebuilding every single house or condominium South of Sahara. That’s the magnitude of the construction demand that Las Vegas will face.