I t is probably probably the most wedding that is famous in the whole world, where eloping desperados, and a-listers including Britney Spears, Frank Sinatra, and Joan Collins, have actually all tied up the knot.
But after 6 months on the marketplace only a little White Wedding Chapel in Las vegas, nevada, scene of over half of a million ceremonies that are 10-minute did not find a customer. This week, the “For Sale” sign had been removed.
It absolutely was probably the most stark exemplory instance of a alleged “love recession” that has struck Las Vegas, the self-proclaimed “Marriage Capital around the globe,” in the past few years.
The sheer number of weddings has fallen from 128,238 in 2004 to 74,534 a year ago. Yearly income is down by an projected $1 billion, to $2.5 billion.
The reason that is chief to be that millennials, saddled with figuratively speaking and excessive lease, not any longer feel like running down to las vegas for a whim to dating japanese women obtain hitched by the Elvis impersonator. (more…)