Mortgage payments would soar to an estimated Â£1,400, almost double what the average homebuyer claims they can afford, should variable rates rise from 4 per cent to six per cent at the end of a typical two-year fixed deal.
Note that zip codes are a crude measure. The highest crime area in town 89109 actually has two completely different mechanisms...the huge number of tourist on the strip is one part and a very nasty area to the northern end the other.
Zip code map Las Vegas 89117, 89139, 89141, 89147, 89148 and 89178 are located in the southwest section of the Las Vegas Valley.