Michael and wife Donna are considering moving out of Las Vegas. Though both are employed they do not have enough money saved to buy a home or even a condo. Recently their apartment owner has served them notices to vacate the home as the apartment block is slated for condo conversion. Michael and Donna were given the first option of buying a converted condo but they can’t afford it right now and there are not many rental apartments around where they live.

This problem is being replayed all over Las Vegas as apartments owners seeing more bucks in condo conversion are opting for it. In the process those renters who can not afford to buy a home are left high and dry. A lucky few find another rental apartment others like Michael and Donna are being driven out of community.

Council seems to considering the woes of the renters has it is considering introducing a new ordinance that will prevent atleast some of the apartments from being converted into condos if the council officials feel that apartment will better serve the community has rental complex.

This entry was posted on Thursday, January 26th, 2006 at 10:01 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.