REAL ESTATE BARGAINS FOR LAS VEGAS RESIDENTS? LAS VEGAS MINI-ORCHARD, LAS VEGAS GAS PRICES AGAIN.

Please choose whether to click on images to enlarge (or as a friend prefers "extend") or not. This image was taken at L.E. Fant's Las Vegas mini-orchard and shows ripening peaches (L.E. Fant's favorite fruit) together with netting which may protect the fruit from marauding birds. L.E. has selfishly enjoyed these fruits over the past four years and delights in the sweet juicy taste and texture of a freshly picked, tree ripened peach such as he hopes this year's crop will provide.

Image of Sago Palm which in one day last week produced these shoots of new fronds. The palm was severely cut back last fall as it encroached upon L.E. Fant's back door as its three year growth was not anticipated.

Strato-Plaza or Plaza-Sphere?

REAL ESTATE BARGAINS for LAS VEGAS RESIDENTS? L.E Fant again attempts to help his fellow Las Vegas residents by providing timely information!! [which is provided as a community service by the L.E. Fant organization-no endorsement is implied-your results may vary-caveat emptor].

Or “Charm on the Cheap” as an F.T. correspondent put it last weekend.

Yes Las Vegas property owners even though your property has likely devalued 50% or so over the past couple of years, L.E. Fant has discovered an opportunity for you which may recoup your losses!!

That opportunity apparently may exist in the Villa Crespo district of Buenos Aires, Argentina where one or two bedroom apartments may be purchased for $47,000-$52,000 for new development and somewhat less for used.
Buenos Aires real estate prices are expected to rise 30% this year so maybe us Las Vegas folks may hedge our losses here by investing in Argentina?

Should you desire to investigate further: Real Estate agent Shenk Inmobillaria may be contacted on +54 11 4777 2222 or at http://www.shenk.com.ar/

LAS VEGAS GAS PRICES (AGAIN):
Oil futures contracts reach all time highs yesterday. This likely means more pain at our gas pumps.
As L.E. has discussed alternative fuel vehicles may make sense to many under these conditions. Last evening L.E. Fant perused ads for such vehicles as the Toyota Prius. He found many ads where 2007 or 2008 vehicles were being offered for $55,000 or so. As the MSRP is approximately $25,000 one wonders whether buyers exist for $55,000 Prius’s. Many gallons of gas may be purchased with the $30,000 premium.

Chrysler clearly must believe that we are not daunted by record gas prices as it just released a new model of its Dodge Challenger muscle car. L.E. wonders whether many will take advantage of its $2.99 gas offer which provides a guarantee of $2.99 per gallon gas for 12,000 miles per year for three years (apparently with some restrictions) when one buys certain models from its lineup.
Let’s assume gas will average $4.50 per gallon over the next three years. One may, therefore, save say $1.50 for each if accepting Chrysler’s offer. Further assume that one will average 15 mpg then one will use 12,000/15=800 gallons per year or 2400 gallons in the three year period. This is a probable maximum $3,600 saving over the three years. L.E is skeptical regarding whether this sum will make up for the probability of greater than average vehicle depreciation which, in L.E.'s opinion, Chrysler products have historically enjoyed. Again-no free lunch for us Las Vegas drivers.

L.E. Fant regrets not buying a 50mpg plus Honda Insight when they were almost reasonably priced. Like the Prius they are enjoying great demand and skyrocketing prices.

L.E. still believes the so-called Smart car does not make sense as it merely returns EPA 33 mpg City. Whilst that is a reasonable figure such a diminutive two seat vehicle should do better in L.E.’s opinion. Therefore he is loath to purchase one.

Maybe back to considering electric vehicles. The catch here is usual lack of effective air conditioning in these vehicles which in our climate is pretty much mandatory.

Maybe CNG. Yet again vehicle prices are now crazy.

Maybe, as a friend pointed out, just make more money and suffer the prices. That is perhaps pragmatic , yet is not an entirely wholesome response when all is considered.

For those of you who support either major political party the following was provided by a friend and is hereby passed along for your urgent review:
http://www.youtube.com/watch?v=PU4pNN3SqCA

After your review you may choose to go to http://www.votenader.org/ where common sense prevails.

Big business is not dangerous because it is big, but because its bigness is an unwholesome inflation created by privileges and exemptions which it ought not to enjoy. - Woodrow Wilson