Affluent California Homebuyers Are Pouring Into Las Vegas as Wealth Tax Looms

High net worth homebuyers from California are moving to Las Vegas and its suburbs in droves to preserve their wealth and stretch it further as the Golden State inches toward tax policies that target the rich.

By the end of 2025, over 23% of Realtor.com® listing views in Las Vegas originated from Los Angeles, making it the largest source of out-of-market demand, according to the latest cross-market data analysis.

Another California metro, San Jose, ranked second for listing views in Las Vegas at more than 8%, while Riverside, CA, placed fourth with nearly 4%…

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