Las Vegas boom deals some a losing hand

The Boston Globe reports:

he affordability of a city that relies on armies of low-wage workers to run its casinos, hotels, and restaurants is a glaring concern. Since 2000, the median price of a new home here, excluding condo conversions, has soared to $335,091 from $161,893, Restrepo said. Median household income in that time has increased to $47,741 from $41,657.

The Las Vegas metropolitan area, which ranks 153d in household income, is now put as the 33d most expensive housing market in the country.

In Greater Boston, by comparison, the median price of a single-family house is $430,900, according to the National Association of Realtors; the median household income is $63,521.

Read the whole article just to see the graph the Globe presents.