An economist predicts continued growth for Las Vegas despite upcoming challenges, emphasizing the city’s tourism strengths.
Jeremy Aguero, who leads Applied Analysis, pointed out that the city’s charm lies in its experiences. He mentioned how sports and entertainment keep drawing people in, even as issues like homelessness and housing costs loom large.
He confidently stated, “We’ve proven all the skeptics wrong. Hockey works here!” About 1,500 folks showed up for the Vegas Chamber’s big networking event, which showcased local businesses and offered insights into what’s coming in 2025.
Aguero suggested that if the community tackled homelessness and healthcare with the same energy as they did with sports and entertainment, Las Vegas could become even better. He painted a picture of a future where people flock to the city not just for fun but also for its top-notch education and healthcare systems.
He highlighted that Las Vegas is doing well economically, reaching a population of 2 million in just over 50 years, which is impressive compared to other cities. Plus, more residents are earning degrees, and institutions like UNLV are stepping up to help.
While challenges like homelessness and housing affordability exist, Aguero noted that visitors usually leave happy, which could encourage more affluent people to move here. He acknowledged some healthcare gaps but mentioned that organizations like Intermountain Health and Cleveland Clinic are making strides.
Events like the Super Bowl and Formula One are putting Las Vegas on the map, attracting potential new residents. Even the Raiders, despite a rough season, still have high ticket prices, showing the city’s appeal.
In closing, Aguero stressed that the decisions made in 2025 regarding water, schools, and the economy will shape the future of Las Vegas.
