Business Press reports southern Nevada office vacancies reached 12.24 percent in the third quarter amid a housing market downturn, acording to Applied Analysis, a Las Vegas-based economic research firm. The Las Vegas valley had 44.1 million square feet of office space at the end of September, and despite two million square feet worth of absorption for the year-to-date, vacancies still increased by 2.2 percent in the third quarter over last year.

Oh well...we have gotten used to seeing buildings implode here in the valley; now we get to see a whole market give it a try. And while we have these big casino projects being built, the gambling money is now going to Macau, which is using sports stars like tennis' Roger Federer and basketball's LeBron James to outstrip the Vegas Strip. Once the fire starts, we won't even have the water to put it out, but nothing is "wrong" in the valley except prostitution isn't legal according to Oscar.