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NEVADA VIEWS: Rent control will hurt average Nevadans

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NEVADA VIEWS: Rent control will hurt average Nevadans


As the owner of a property management company and a real estate investor, I adamantly oppose rent control. Those in favor might say, “Of course you do.” They might accuse me of seeking to get rich off the backs of blue-collar, middle- and lower-class working people. But they’d be wrong.

I immigrated to this country from Sri Lanka when I was 22. My determination and work ethic are what got me where I am today. It is the same determination I see in the landlords who hire my company to manage their properties. And to continue the unmasking, I’m also a Democrat. Rent control is not a partisan issue. It is an economic one.

Rent-control policies, often promoted as a remedy for rising housing costs, produce unintended consequences, including squeezing the very backbone of local real estate — mom-and-pop landlords, many of whom are in blue-collar, middle-class families.

For countless small-property owners, a modest rental home is more than just an investment. It is built over years of hard work and careful financial planning. These landlords often own fewer than five properties — and sometimes just one. According to a recent JP Morgan Chase report, there are 50 million residential rental units across the country, and more than 40 percent belong to mom-and-pop landlords. The goal of these landlords is supplemental income. Yet rental income must first be used to cover maintenance costs and property taxes as well as repairs and maintenance. When government policies impose strict rent controls, these families not only find their potential revenue streams capped but also struggle to cover costs.

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As a property manager, I have a front-row view to the good, the bad and the ugly of being a small landlord. One recent “bad” was the impact of the rent moratorium implemented during the pandemic. This moratorium was designed to protect tenants during that challenging economic time — and for some it was much needed. But this measure inadvertently hurt middle-class real estate investors.

With rental income frozen or significantly reduced, many small landlords struggled to meet their financial obligations. The result was foreclosures, deferred maintenance, deteriorating property conditions and — in some cases — the forced sale or abandonment of cherished family assets. This not only undermined the financial stability of these landlords but also contributed to a decline in the overall quality and availability of rental housing.

I could tell story after story, but here are just a few examples:

A local woman who works at a Strip casino as a Culinary union housekeeper went months without receiving rent. A 67-year-old electrician nearly faced bankruptcy without rental reimbursements. A city bus driver had to postpone retirement. A terminally ill property owner who relied on rental income to support his family went 10 months without payments. And a young nurse from the Philippines who purchased her first investment home endured more than a year without rent. These are regular, everyday Nevadans, who don’t have huge nest eggs.

These and other landlords have worked hard to recover. As a community, we should applaud this and be grateful for the needed housing they provide.

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My worry, though, is that their hard work will be in vain and that things could turn ugly. Last legislative session, rent control was proposed. Thankfully it was vetoed and never enacted, but I’ve heard rumors that it potentially could again be proposed.

Rent control benefits very few — and not necessarily those with the greatest need. When landlords cannot adjust rents to match market rates, the entire rental ecosystem suffers. Properties fall into disrepair, vacancies rise and the promise of a vibrant, sustainable rental market dims. Ultimately, some tenants may enjoy lower rents in the short term. But more will not, and Nevadans as a whole will witness a future with fewer available, well-maintained rental homes.

Sanje Sedera is president at Las Vegas Integrative Medicine, a broker/owner of Zenith Realty Group and a former commissioner of the Southern Nevada Regional Housing Authority.



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Nevada

You can still catch Nevada’s US Capitol Christmas Tree in Washington

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You can still catch Nevada’s US Capitol Christmas Tree in Washington


Christmas has come and gone, but the U.S. Capitol’s tree from Nevada will still remain on display a little longer.

The Christmas tree, dubbed Silver Belle, will remain on the West Front Lawn at the Capitol in Washington D.C. through early January.

It will be lit from dusk until 11 p.m. each night until then.

RELATED | Nevada’s first-ever Capitol Christmas tree, Silver Belle, gets lit in Washington D.C.

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Silver Belle, a 53-foot-tall red fir, was harvested in October from Mt. Rose in the Carson Ranger District, part of the Humboldt-Toiyabe National Forest. It’s the first time a U.S. Capitol Christmas tree came from Nevada.

The tree went on a whistle-stop tour across the nation before reaching Washington. That included stops in Las Vegas and other Nevada locations.

It’s unclear what will become of the tree once it is removed from the West Front Lawn.



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Holiday shoppers flock to Las Vegas auction warehouse for last-minute deals

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Holiday shoppers flock to Las Vegas auction warehouse for last-minute deals


LAS VEGAS (FOX5) — Holiday shopping is in full swing. At one warehouse in the Las Vegas Valley, thousands of customers a day are lining up to pick up items they won online in an auction at prices they say can’t be beat.

Quinton Stephenson has been shopping at NellisAuction.com for a decade and says the deals can’t be beat.

“You can find just about anything on the website, and you can usually save, you know, 30, 50, up to 70 percent pretty easily,” Stephenson said. “I picked up a 10-man Coleman tent for my son. He likes to camp a lot. I think it was like 66 bucks, and it was like a 300 and something dollar tent,” he said.

Wide selection and quick pickup process

They have more than 50,000 items up for bid in Las Vegas alone, with tens of thousands more at other locations. It all starts on the website.

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“And there they can find kind of any item you can think of. TVs, hair dryers, toothpaste. We sell anything and everything that you can think of. They’re going to bid online. And when they win it, they’re going to come and they’re going to pick up through our curbside pickup process,” said Kyle Johnson, chief communications officer.

More than 3,000 customers alone stopped by the site on Dean Martin Tuesday alone. In the rain, they checked in and the items they won in the auction were loaded in their vehicles. Many times in less than 5 minutes.

Return policy draws repeat customers

What keeps many shoppers coming back, is the auction’s rare return policy.

“I can return things for just about any reason at all. So there’s no, you don’t have to pay to return something. There’s, there’s no fee for it. Um, so there’s like no risk,” Stephenson said.

The auction started as a mom-and-pop shop on Nellis Boulevard with one pallet. Now they have thousands upon thousands of pallets with tens of thousands of items.

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Egg shortages and Christmas trees: Looking back at Nevada’s top 2025 environmental stories – The Nevada Independent

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Egg shortages and Christmas trees: Looking back at Nevada’s top 2025 environmental stories – The Nevada Independent


Merry Christmas and a happy new year loyal Indy readers!

Remember the challenge of finding eggs during the bird flu outbreak, or when federal lawmakers were considering selling hundreds of thousands of acres of public land in Nevada? It feels like eons ago, but in reality, it was just a few months! A LOT happened in Nevada this year, so as 2025 wraps up, join me in taking a few minutes to look back at some of the biggest stories of the year. 

I also wrote this month about the economic impact of outdoor recreation on Nevada — turns out, it’s no slouch, eking out several other major industries. So once you finish reading this newsletter, get outside — it’s good for your health, and, as I reported earlier this month, good for the state’s economy! 

🥚💧🎄

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January — With utility infrastructure nationwide causing a growing number of wildfires, NV Energy asked state regulators to allow it to charge customers additional costs to pay for a $500 million self-funded insurance policy. State energy regulators agreed the utility needs additional insurance, but wasn’t convinced that customers should pay for it. Stay tuned for a decision in 2026.

February — As bird flu swept through Nevada, trying to find eggs in early 2025 was a bit like searching for toilet paper during the pandemic. 

March — Staff turnover, an archaic paper billing system and “lack of proper oversight” were highlighted in an eye-opening state audit of the Nevada Division of Forestry after it provided nearly $33 million in firefighting services it never billed for. The division has since made a sizable dent in recouping those costs. 

April — Nevada wrapped up the 2024-25 water year with a fairly mediocre snowpack in much of the state, interspersed with abysmal conditions. This winter’s snowpack is starting off where last winter left off — underwhelming.

May — May was a packed month. Word spread that NV Energy had overcharged customers millions of dollars over roughly two decades; later in the month, the utility’s CEO abruptly departed after six years. And, a potential federal move that would have released hundreds of thousands of acres of public land across Nevada for sale and/or development faced serious pushback from both sides of the aisle. Former D.C. reporter Gabby Birenbaum wrote about it extensively, including this piece in which Rep. Mark Amodei (R-NV) defended his involvement.

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June — Gov. Joe Lombardo signed a slew of environmental bills, including one to strengthen the state’s wildland firefighting capabilities, two bills that stand up unfunded water buyback programs and others to increase protections for utility customers. 

July — The One Big Beautiful Bill Act rolled back utility-scale solar tax credits much sooner than anticipated. Was it a coincidence that just three months later, permitting for a massive solar project planned for Southern Nevada appeared to get scrapped? 

August — The third time wasn’t a charm for Southern Nevada, which saw cuts for the third year in a row to its water allocations because of declining Colorado River flows. This water year isn’t starting too hot either — I’ll have a story on that in the coming weeks. 

September — I was on vacation when the federal government announced it would take a 5 percent stake directly in Thacker Pass and another 5 percent stake in the project’s developer, Lithium Americas, before it would release the initial chunk of a critical, several billion-dollar loan necessary for construction. My co-workers Eric Neugeboren and Mini Racker looked into the Trump administration’s new trend of partial ownership of private enterprise while I was off.

October — The feds (sort of) announced the cancellation of a Vegas-sized solar project in rural Nevada. This one was tricky to report on because of the lack of information put out during the federal shutdown. Time will tell what, if any, parts of the project go forward in the wake of substantial federal cuts to solar tax credits. 

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November — The question of what to do about coyote killing contests in Nevada has been a hot topic in wildlife circles for years. Passage of regulations authorizing the contests were approved by the state wildlife commission and finalized several weeks later by state lawmakers, marking a (not-so-satisfying) end of the saga.

December — Toilet wax rings, competitive antennas and zombie trees — my co-worker Mini Racker and I had a great time writing about how a Nevada fir tree dubbed “Silver Belle” became our Capitol Christmas tree. 


Great Basin National Park on Sept. 22, 2019. (Amy Alonzo/The Nevada Independent)

In the weeds:

Pricey park passes — Starting Jan. 1, annual passes to enter all parks managed under the National Park system — including Nevada’s Great Basin, Red Rock and Lake Mead — will cost more than three times as much for nonresidents than U.S. residents. Residents will pay $80 for annual passes while nonresidents will pay $250, according to the Department of the Interior. 

Where’s the beef? — With limited options for in-state meat processing and inspections, the Nevada Department of Agriculture and the United States Department of Agriculture have created the Nevada State Meat and Poultry Inspection Program, allowing locally raised meat to be processed, inspected and sold in Nevada. The initiative was a priority of Gov. Joe Lombardo. 

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Not so clean — The U.S. Environmental Protection Agency has settled with Chedraui USA Inc., a Mexican company that owns El Super and Smart & Final, after the company sold unregistered disinfectants with labels making unverified statements in Nevada. Under the settlement, the company will pay more than $470,000 in fines; it has also removed the illegal products from its stores.


Cows grazing in Nevada. (Photo via iStock.com)

Here’s what else I’m reading (and listening to) this week: 

I’ve shared stories on access to public land before; now, 99 Percent Invisible has a great breakdown of a yearslong legal battle between a Wyoming billionaire and some Missouri hunters he claims trespassed to access public land.

From ProPublica and High Country News: How wealthy ranchers profit from public lands with declining oversight. 

The Daily Yonder writes that as winter approaches, rural Americans are struggling to afford heat.

And from the Los Angeles Times: California will now allow some mountain lions to be killed. 

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A closer look: 



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