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Upcoming legislative session bill would limit corporations buying single family homes in Nevada

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Upcoming legislative session bill would limit corporations buying single family homes in Nevada


LAS VEGAS, Nev. (FOX5) – For many families, the American Dream of home ownership now seems out of reach. There’s a push to change that and bring housing costs down in Nevada by limiting corporate buyers from pricing out families and individual buyers.

“You wouldn’t even know it, but this street, this whole entire street, is owned by a corporate investor. They built the houses and then they rent them out,” explained State Senator Dina Neil, who represents District Four including the North Las Vegas neighborhood where she met FOX5 for an interview.

“In this environment, the corporate owner is the only one reaping the benefit of the asset, not the family itself. Our Nevada citizens are actually being locked out,” Neal contended. Neal wants single family homes to be affordable for Nevada families.

“Fifteen percent of the market is owned by corporate investors and so this is going to change the narrative,” Neal argued. Her bill for the upcoming legislative session next month would require an investor to register with the Secretary of State, file as their deed as an investor, and limit them to buying 100 single family homes in Nevada per year.

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“The reason why I’m able to legally do this is because the legislature has police powers when we’re in a crisis…We’ve been in a housing crisis for over four or five years,” Neal reported.

A CCSD teacher of ten years who wants to remain anonymous recently reached out to FOX5 about being unable to afford a home in the Las Vegas area.

“I think the average teacher that has either just started teaching or has around ten years of experience are right around the $60,000 salary mark and there’s just no homes in our budget,” the teacher stated. About half her income goes to rent. Still, she is cutting costs wherever she can to save up to hopefully one day afford a down payment.

“As a professional, you go to school and you get this degree to really help your community and we’re in this position where we can’t even live the lifestyle we want in this profession and it’s just becoming just very sad,” she confessed.

Neal brought a similar bill last legislative session but says it was vetoed by the governor. That is not deterring her from trying again.

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Earlier this year, Nevada Senator Jacky Rosen also proposed legislation to go after corporate investors who she says are price gouging Nevadans and inflating costs in the housing market legislation called the HOME Act. It was referred to the Committee on Banking, Housing, and Urban Affairs.



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Armed Robbery at the Tamarack Casino

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Armed Robbery at the Tamarack Casino


Reno Police are searching for a man they say pulled off an armed robbery at the Tamarack Casino on Sunday.

Investigators say the man had a hand gun and demanded money.  He got away with unknown amount of money.

They say he fled out the back door of the casino and also sprayed a chemical into the air, possibly pepper spray.

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Some people in the casino suffered breathing irritation from the spray, but there are no major injuries

Investigators are tracking the suspect using video surveillance around the casino.   He is not in custody at this time.



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Nevada high school football head coach steps down

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Nevada high school football head coach steps down


Mojave (Nev.) head football coach Wes Pacheco announced on Sunday morning that he’s stepping down from his position, according to a social media post.

Pacheco announced his resignation after six seasons at the helm of the Rattlers, putting together a 29-22 overall record from 2020-2025.

“I have officially stepped down as Head Coach of the Mojave Football Program,” Pacheco said in his social media post. “Thank you to Principal Cole for giving me the opoortunity make an impact on the lives of Mojave Student-Athletes. I am grateful and blessed to have labored through a 6-year journey of successes, failures, life lessons, character building and growth with the student-athletes myself and my coaching staff have served. I will forever love my Mojave Family, the Mojave Community and believe in the notion that SUCCESS can be attained by showcasing character, treating everyone with respect, and always have the courage to dream big and trust that “ATTACKING THE HARD WORK” & “HIGH MOTORING EVERYTHING” can yield SUCCESS that you want to achieve in life!”

During Pacheco’s half dozen seasons leading Mojave, his best record came in the 2024 season when the Rattlers finished with a 12-1 record. Located out of North Las Vegas, Mojave had to compete against the likes of national high school football powerhouse Bishop Gorman during the regular season.

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Mojave ended the last season with a 4-6 record and as the state’s No. 23rd ranked team, according to the final 2025 Nevada High School Football Massey Rankings.

More about Mojave High School

Mojave High School, located in North Las Vegas, NV, is a dynamic public high school that fosters academic excellence, personal growth, and community involvement. Home of the Rattlers, MHS offers a wide range of academic programs, athletics, and extracurricular activities. With a strong commitment to student success, Mojave emphasizes leadership, college and career readiness, and a supportive school culture that prepares students for life beyond graduation.

For Nevada high school football fans looking to keep up with scores around the nation, staying updated on the action is now easier than ever with the Rivals High School Scoreboard. This comprehensive resource provides real-time updates and final scores from across the Silver State, ensuring you never miss a moment of the Friday night frenzy. From nail-biting finishes to dominant performances, the Rivals High School Scoreboard is your one-stop destination for tracking all the high school football excitement across Nevada.



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IN RESPONSE: Cortez Masto lands bill would keep the proceeds in Nevada

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IN RESPONSE: Cortez Masto lands bill would keep the proceeds in Nevada


A recent Review-Journal letter to the editor mischaracterized Sen. Catherine Cortez Masto’s Southern Nevada Economic Development and Conservation Act, also known as the Clark County Lands bill. As the former executive director of the Nevada Conservation League, I wholeheartedly support this legislation, so I wanted to set the record straight.

Sen. Cortez Masto has been working on this bill for years in partnership with state and local governments, conservation groups like the NCL and local area tribes. It’s true that the Clark County lands bill would open 25,000 acres to help Las Vegas grow responsibly, while setting aside 2 million acres for conservation. It would also help create more affordable housing throughout the valley while ensuring our treasured public spaces can be preserved for generations to come.

What is not correct is that the money from these land sales would go to the federal government’s coffers. In fact, the opposite is true.

The 1998 Southern Nevada Public Lands Management Act is a landmark bill that identified specific public land for future sale and created a special account ensuring all land sale revenues would come back to Nevada. In accordance with that law 5 percent of revenue from land transfers goes to the state of Nevada for general education purposes, 10 percent goes to the Southern Nevada Water Authority for needed water infrastructure and 85 percent supports conservation and environmental mitigation projects in Southern Nevada. This legislation has provided billions to Clark County and will continue to benefit generations of Southern Nevadans. Sen. Cortez Masto’s lands bill builds upon the act’s success.

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So here’s the good news: All of the money generated from land made available for sale under Sen. Cortez Masto’s bill would be sent to the special account created by the 1998 law. Rather than going to an unaccountable federal government, the proceeds would continue to help kids in Vegas get a better education, bolster outdoor recreation and modernize Southern Nevada’s infrastructure.

I know how important it is that money generated from the sale of public land in Nevada stay in the hands of Nevadans, and so does the senator. That’s why she opposed a Republican effort last year to sell off 200,000 acres of land in Clark County and other areas of the country that would have sent those dollars directly to Washington.

Public land management in Nevada should benefit Nevadans. We should protect sacred cultural sites and beloved recreation spaces, responsibly transfer land for affordable housing when needed and ensure our state has the resources it needs to grow sustainably. I will continue working with Sen. Cortez Masto to advocate for legislation, such as the Clark County lands bill, that puts the needs of Nevadans first.

Paul Selberg writes from Las Vegas.

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