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re: Help me understand Nola housing market UPDATE

Posted on 7/19/20 at 3:25 pm to
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 7/19/20 at 3:25 pm to
you think ppl who own homes for 400k work in service industry/tourism? c'mon dude
This post was edited on 7/19/20 at 3:26 pm
Posted by beauxkner
Flippa City
Member since Jun 2008
576 posts
Posted on 7/19/20 at 3:37 pm to
No but many likely work for/own businesses that are tied to the local economy. Restaurant/bar owners, executive chefs, commercial real estate, banks that lend to local businesses, Air BnB ownership, event planning companies/venues...need I go on?

I think it’s a little short-sided to suggest that the Nola economy at large won’t be affected by the pressures of relatively zero tourism.

This post was edited on 7/19/20 at 3:43 pm
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