• Lisa Simpson
• Dec 27,2010
• In: Foreclosure

An Increasing Population is Not Really Good News

An increasing population is not really good news. Nevada has been reported to be the state that has the fastest growing population in the entire nation. The Census Bureau has stated that it grew by nearly 35 percent over the last 20 years.

But it isn’t all that good news. It probably just shows the deteriorating conditions in the state. It also shows that this state has gone through a very strenuous decade. As the census reports show, Nevada was known to be the boom capital of the nation.

Or it was at least so till the economy faced in a downfall in the year of 2007. The people of the state started shifting out, or looking out for employment or trying to get out of the house market since this state had the highest rate of foreclosure. This state has the highest unemployment rate – 14.3 percent.

David F. Damore teaches political science as an associate professor in the University of Nevada, Las Vegas. He said, “People come for the good jobs and the good life, and if that’s no longer here, they are gone.” Damore also added, “People are just moving out.”

Jeff Hardcastle is the official demographer of Nevada. He said that the state’s population had decreased by more than 90000 since the month of July 2008. He also expected that this decrement will go on till the following year. Hardcastle also added that Nevada was known to be the state with the fastest growing population for over a decade, before the economic downfall in 2007.

Nevada’s inhabitants are fast moving out to shift to a state that has a better and more successful economic scene. Analysts gave various reasons to explain how Nevada’s population had been negatively affected. It had been affected by a birthrate that was steeply declining. This is not surprising in times of economic stress. Besides, a huge number of illegal immigrants who left, or at least stayed away from census officials, affected the population.

In Henderson, which is in a constant state of collapse, conditions were pathetic. In a place which was practically a desert over a decade ago, there was advertisement on cheap deals on housing, on Wednesday.

There was much worse in store. A housing complex was left midway through construction in a place like Horizon Ridge Road. It was called, Vantage Lofts. There was a huge pile of debris like plywood, exposed glass and cement in the construction area.

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