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Crash and learn: The dramatic drop of land values on the Strip

2013-09-02 12:36:10| Trucking - Topix.net

Prime property used to cost up to $34 million an acre; today it can sell for as little as $3 million to $6 million A decade ago, when business was booming in Las Vegas and tourists flooded the Strip with cash, developers seemed destined to pull in record profits with each new multibillion-dollar project they announced.

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