Will Las Vegas housing take 20 years to recover??

It appears the current housing crisis that we have all felt in some way might stay that way for awhile. According to Moody’s Analytics report Las Vegas will not see the housing market turn around until 2030 compared to the markets peak in 2006. Some are skeptical saying this is an exageration of what the housing market will do but only time will tell. Click on the link for the full story. http://bit.ly/vegashousingfox5