Increasing Pressure on Transportation Systems
Every year around 6000 people join the rank of Las Vegas residents. Millions of tourists visit Las Vegas to enjoy its world-class entertainment and gaming faculties. This ever growing population and increasing tourists are putting a great pressure on the transport system, which in turn has to construct more and more new thoroughfares or widen the existing ones.
The government has already started work to handle the increasing load on the roads. Also, to handle the additional 30 million passengers every year a second airport is coming up near Jean in south Las Vegas on 6,500 acre of land.
One of the factors responsible for the attraction that Las Vegas holds for people wanting to settle here apart from its excellent facilities and zero taxation regime is the vibrant job market. The job growth was 47,500 new jobs while housing permits for the same period was 32,156. As more people come seeking jobs they also want homes to live in. Result increase in real estate prices and pressure on the transportation systems.
1 Comments:
I'm not a huge fan of mass transit. Having said that, the vertical development (Manhattanization) of Las Vegas may make mass transit worth taking for more than just those who otherwise have no choice.
When both the high rise develpments on The Strip and downtown kick in, I can see a dedicated bus line between downtown and the monorail allowing these extra thousands of people to move around with ease.
As a local, I'm looking at downtown condos in the next year or so. I love The Strip, and could probably afford it, but I don't want a trip to run errends eating up two hours of my day.
Will be intersting to see how it all shakes out!
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