Detailed text transcripts for TV channel - FOXNEWS - 20150830:19:02:00
Spanning decades, creating a lake, golf courses, hotels, and luxury communities in the middle of the vegas desert. when the recession hit, the area was devastated. >> this was the kind of situation that's very rare to have a 300 acre lake and have all these residential areas around it with the hotels engulfed. when the economy hanged, people walked away. not just in las vegas, but in lake las vegas. >> the golf course dried up, and property values plummeted. >> you went from $500 a square foot to $120 square foot per home. it's hard it even realize how bad this looked five, six years ago. in 2...
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