Some say that policy discourages the mixed use development for Las Vegas rentals as well as in other parts of the country.
Whiles rows and rows of houses in Las Vegas sit empty as a result of the recession, apartments are flourishing. The new trend seems to be retail space below and apartments on top. Many younger people find that desirable because they want to live where they are close to everything and can eliminate the need for a car.
“The private sector recognizes that people are diverse,” he says. “Their needs are diverse. The last thing any builder wants is any type of policy that mandates one type of development pattern over another,” according to the folks at http://www.governing.com/blogs/fedwatch/Advocates-Say-US-Housing-Policy-Inhibits-Mixed-Use-Development.html.
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