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sunset32

i like his hustle.

Congrats Findlay Prep. Great job! Way to represent our community well.

The attorney general of the state of Nevada should investigate taking up a class action lawsuit on behalf of the citizens of Southern Nevada against the BLM for gross negligence in release of the Kyle Canyon land. The residents of the State of Nevada are dependent on the BLM to act prudently in the release of residential land for development. Although this lawsuit will go nowhere as local leaders were goading the BLM along, it will cause the BLM to pause the next time there is a real estate bubble in the valley. The BLM got drunk and released thousands of acres of land onto the market and we, the citizens and homeowners, are suffering from the affects of their hangover. The value desctruction of the market declines far outweigh the proceeds from the BLM auctions over the last decade.

The BLM has one chance to get the release of lands right. They had enough evidence at the time of the last auction to realize the Las Vegas Valley would suffer from too much supply in the event that new home construction slowed to even a more moderate rate. The BLM should be greedy, they just need to be long term greedy.

AG, at least commission a study to understand the impacts of the release of these lands have on the long term recovery efforts.

Sounds like an opportunity for a revenue enhancement for the state. However, I would prefer they be banned under cruising laws.

The attorney genreal of Nevada should file a class action lawsuit against the Bureau of Land Management for gross negligence in the release of the Kyle Canyon Land. The entire Valley is suffering from an enormous overhang of supply within the market and the greed perpetuated by the Bureau to reap the proceeds in the peak of the bubble will have long lasting impact on the average home owner for years to come.