Bus routes that normally take minutes are taking almost an hour through Las Vegas Boulevard, as the city undergoes massive construction projects in preparation for the Formula 1 Las Vegas Grand Prix next week.
In Sept. 2020, the median home sale price in Nevada was $344,900. As of Sept. 2023, that figure had risen to $437,400, a nearly 27% increase, according to Redfin. In Las Vegas, the average cost of rent is $1,429 per month, up 30% from the beginning of the pandemic.
“Today, here we are inspecting how they are putting the infrastructure that will bring greater speed of connectivity to our neighborhoods, something that is ten times faster than what we currently have,” Las Vegas Councilwoman Olivia Diaz said, as she walked with a hard hat, fluorescent vest and protective glass and gloves.
“[These] charges are taking real money out of the pockets of American families. These junk fees can add up to hundreds of dollars, weighing down family budgets, making it harder to pay family bills,” President Biden said on Wednesday.
Experts cite an increase of aggressive driving since the pandemic, inflation, labor and part shortages, and climate change as the primary reasons.
Over the weekend, more than 300 couples renewed their vows at Caesars Palace as Las Vegas celebrated its 70th Anniversary as the Wedding Capital of the World.