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re: Slowest Housing Markets - Louisiana has 3/12

Posted on 4/19/24 at 12:09 pm to
Posted by Miglez
Member since Jan 2018
289 posts
Posted on 4/19/24 at 12:09 pm to
quote:

only for the poors. maybe it gets much of the riff raff out of the city?



Homeowners insurance going up from $5000/year to $10000/year doesn't only affect the "poors".

The middle class family is getting squeezed out. There's going to be more sellers than buyers.
Posted by PUB
New Orleans
Member since Sep 2017
18313 posts
Posted on 4/19/24 at 3:23 pm to
So earn $20,000 to pay that $10,000 bill and that doesn't include the flood insurance rip-off. That is simply absurd. Beyond.
Posted by fareplay
Member since Nov 2012
4943 posts
Posted on 4/19/24 at 3:28 pm to
LA home owners insurance is 5k a year? Jesus Christ I pay 1k in MA
Posted by LSUtoBOOT
Member since Aug 2012
12511 posts
Posted on 4/20/24 at 4:01 pm to
quote:

Homeowners insurance going up from $5000/year to $10000/year doesn't only affect the "poors".

When you hit those numbers and have a hurricane and wind deductible it’s time to self insure.
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