Dubbed the "the Silver State," Nevada is found in the western part of America. Even if some of the state's counties might be known to have legalized prostitution and gambling, Nevada is also popular for having some of the strictest laws on drugs in the whole of US.
Viva Las Vegas
The greatest allure that Nevada could offer to anyone who might want to buy Nevada real estate must be the gaming industry that makes the state the gambling capital of the country and possibly the world. Many people are enticed by the lights and thrill of Las Vegas, which not only offers the world's best casinos but also great entertainment and food choices. Reno and Lake Tahoe offer great casinos as well. This makes the state not only attractive to high profile personalities like celebrities but also to average people, who wants a taste of this luxurious lifestyle.
No More Betting in Economy
As to Nevada's economy, it was estimated in 2003 that the total gross product of the state amounted to $88 billion. The state also registered a personal income on per capita basis of $31,910 in 2003, which placed Nevada on the 19th rank in the nation. It has to be accepted that a state's economy is always an important factor that could determine how lucrative your business in the area could be. This is especially true when it comes to the Nevada real estate market. Investors would be glad to pour in money into a business, which they know would earn them huge capital gains and this is exactly what they could get out of Nevada real estate.
The Agricultural Side
It has to be noted that aside from the casinos and tourism, Nevada also depends on other outputs when it comes to generating income for the state. They have industrial and agricultural outputs that include machinery, food processing, printing and publishing and cattle, dairy products hay, potatoes and onions, respectively. Those parts of the state that are located outside the metropolitan areas depend more on cattle ranching as well as mining for their income. Gold is the most important ore that has been mined in Nevada, in terms of its value. Based on the economy of the state, it can also be seen that jobs are not hard to come by in Nevada. This is very important because employment is also another factor that could attract people to buy Nevada real estate.
Parks for Your Family
Aside from the alluring glitz and wealth of the Nevada state, another great asset that it could offer to any would-be resident is the wide array of recreational sites and parks that are perfect for those who already have kids. When it comes to the development of kids, it is important to note that Nevada also has its share of public and private schools that provide good primary and secondary education. The state also has topnotch colleges and universities that offer quality higher education.
Any investor would know that there is great market to be found in Nevada real estate because of the state's wealth of assets. Because many people are normally drawn to the magnificence of the state especially when it comes to their glamorous and luxurious metropolitan areas, huge returns are ensured out of any investment.
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