Comments (6)

• Horst Muhlmann

  Screw Vegas.

  If you want to gamble, go to Macau.

  Published: August 14, 2009 10:10 AM

• Doug

  Holy Hanna! I know this is Time magazine, but uhgg.

  The story reminds of an early Mises blog/story with the pictures of a bombed city that didn't look too much different than a city with rent control. Instead, this is a city with a Fed induced bubble that crashed.

  Published: August 14, 2009 12:15 PM

• HL

  Ahem, Horst may be right, and Vegas may indeed be a lesser choice than Macau, but I dare say that does not justify writing-off Vegas.

  Why, just last night I visited a local cabaret and was overwhelmed with offers of recession-esque deals, such as two for one lap dances, VIP for peasant prices, etc.

  Vegas will price itself right, and rise again. I'd bet you $100 on that.

  Published: August 14, 2009 1:32 PM

• Ontological Quandary

  Doug, could you by any chance link that article with the war-destroyed city vs. then rent control city? I have been looking for days now

  Published: August 16, 2009 4:37 PM

• Aaron

  Hi Doug, I have read about the photo comparison between a bombed town and a rent control town previously, do you know where this can be found?

  Published: August 17, 2009 1:42 AM

• Vanmind

  Shouldn't government legislate some kind of price floor for those underprivileged Las Vegas producers? I mean, slashing prices is no longer the American way to clear inventory (e.g. unoccupied rooms) and recover from hard times.

  Government knows better. Guaranteed. Pray to Dear Leader, and Dear Leader will provide. Works like a charm in North Korea.

  Published: August 17, 2009 11:59 AM