{"id":472,"date":"2025-01-14T23:32:35","date_gmt":"2025-01-15T07:32:35","guid":{"rendered":"https:\/\/stand77.biz\/las-vegas-could-run-out-of-land-for-new-homes-by-2032-unless-feds-release-more-land-home-builders-say\/"},"modified":"2025-01-16T21:41:48","modified_gmt":"2025-01-17T05:41:48","slug":"las-vegas-could-run-out-of-land-for-new-homes-by-2032-unless-feds-release-more-land-home-builders-say","status":"publish","type":"post","link":"https:\/\/stand77.biz\/category\/casino-resorts\/las-vegas-could-run-out-of-land-for-new-homes-by-2032-unless-feds-release-more-land-home-builders-say\/","title":{"rendered":"Las Vegas could run out of land for new homes by 2032 unless feds release more land, home builders say"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p class=\"text | article-text\">LAS VEGAS, Nev. (FOX5) &#8211; Home builders across Southern Nevada are urging action from state and federal lawmakers to solve the Las Vegas Valley\u2019s land shortage before a looming scenario that will worsen the housing crisis: no more land for new homes by 2032. <\/p>\n<p class=\"text | article-text\">According to a 2022 study from Applied Analysis, at the pace of the Valley\u2019s population growth and new people moving to the Valley, there will not be any more land for new home construction by 2032. <\/p>\n<p class=\"text | article-text\">More than 86% of land across Clark County is owned and managed by federal agencies, including the Bureau of Land Management, the study said. <\/p>\n<figure class=\"media-item | figure media-item-image article-image w-100\">\n<div class=\"figure-wrapper img-wrapper figure-img\"><img decoding=\"async\" class=\"figure-img img-fluid mx-auto d-block\" alt=\"Las Vegas could run out of land for new homes\" loading=\"lazy\" src=\"https:\/\/gray-kvvu-prod.gtv-cdn.com\/resizer\/v2\/WGCMN3V7VRFUBAOIDR7Z4L3F64.png?auth=1ce47e2db142a28290075027972bfbdb15e8215dae061a227c92236100214ef3&amp;width=980&amp;height=566&amp;smart=true\" width=\"980\" height=\"566\" srcset=\"https:\/\/gray-kvvu-prod.gtv-cdn.com\/resizer\/v2\/WGCMN3V7VRFUBAOIDR7Z4L3F64.png?auth=1ce47e2db142a28290075027972bfbdb15e8215dae061a227c92236100214ef3&amp;width=540&amp;height=311&amp;smart=true 540w, https:\/\/gray-kvvu-prod.gtv-cdn.com\/resizer\/v2\/WGCMN3V7VRFUBAOIDR7Z4L3F64.png?auth=1ce47e2db142a28290075027972bfbdb15e8215dae061a227c92236100214ef3&amp;width=720&amp;height=415&amp;smart=true 720w, https:\/\/gray-kvvu-prod.gtv-cdn.com\/resizer\/v2\/WGCMN3V7VRFUBAOIDR7Z4L3F64.png?auth=1ce47e2db142a28290075027972bfbdb15e8215dae061a227c92236100214ef3&amp;width=980&amp;height=566&amp;smart=true 980w, https:\/\/gray-kvvu-prod.gtv-cdn.com\/resizer\/v2\/WGCMN3V7VRFUBAOIDR7Z4L3F64.png?auth=1ce47e2db142a28290075027972bfbdb15e8215dae061a227c92236100214ef3&amp;width=1300&amp;height=750&amp;smart=true 1300w\"\/><\/div><figcaption class=\"figure-caption mt-1 px-1\"><span class=\"caption-text\">Las Vegas could run out of land for new homes<\/span><span class=\"caption-credit\">(FOX5)<\/span><\/figcaption><\/figure>\n<p class=\"text | article-text\">FOX5 met with the Southern Nevada Home Builders Association ahead of the start of the 2025 legislative session. The association has been working with the Governor\u2019s Office to add to the supply of workforce and affordable housing, while lobbying for Congress to act and release more land for housing development. <\/p>\n<p class=\"text | article-text\">\u201cIf we don\u2019t have the land, we can\u2019t build. It\u2019s supply and demand, and as land becomes more scarce, land prices go up,\u201d said Tina Frias, CEO of the SNHBA. \u201cWe have to come together as a community. Between our leadership, between the home building industry and work together on policy to get us in the right direction. I also think we have to work on land, and quite frankly for me, that\u2019s not an option to have anything otherwise,\u201d Frias said. <\/p>\n<p class=\"text | article-text\"> <a href=\"https:\/\/www.congress.gov\/bill\/118th-congress\/senate-bill\/4457\/text\" target=\"_self\" rel=\"\" title=\"https:\/\/www.congress.gov\/bill\/118th-congress\/senate-bill\/4457\/text\">A Congressional bill to develop homes on 25,000 acres in Clark County stalled and never made it out of committee. <\/a> Frias said she hopes state lawmakers take action, this session, to collectively urge Congress to act. <\/p>\n<p class=\"text | article-text\">More than 2.3 million people live in the Las Vegas Valley, now. UNLV research shows that by 2040, 3.03 million people will live in the Las Vegas Valley. <\/p>\n<p class=\"copyright |\"><i>Copyright 2025 KVVU. All rights reserved.<\/i><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.fox5vegas.com\/2025\/01\/15\/las-vegas-could-run-out-land-new-homes-by-2032-unless-feds-release-more-land-home-builders-say\/\" marked=\"1\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] LAS VEGAS, Nev. (FOX5) &#8211; Home builders across Southern Nevada are urging action from state and federal lawmakers to solve the Las Vegas Valley\u2019s land shortage before a looming scenario that will worsen the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[77],"class_list":["post-472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-news"],"_links":{"self":[{"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/posts\/472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/comments?post=472"}],"version-history":[{"count":1,"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/posts\/472\/revisions"}],"predecessor-version":[{"id":609,"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/posts\/472\/revisions\/609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/media\/473"}],"wp:attachment":[{"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/media?parent=472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/categories?post=472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stand77.biz\/category\/casino-resorts\/wp-json\/wp\/v2\/tags?post=472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}