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re: Help me understand Nola housing market UPDATE
Posted on 7/19/20 at 6:25 pm to JonTigerFan11
Posted on 7/19/20 at 6:25 pm to JonTigerFan11
lmao you think metarie will explode. lmao. truly is over for ppl like you dude.
ppl will still wanna live in Nola for the bars and the festivals and the coffee shops. you're truly old school clueless.
ppl will still wanna live in Nola for the bars and the festivals and the coffee shops. you're truly old school clueless.
This post was edited on 7/19/20 at 6:26 pm
3
Posted on 7/19/20 at 6:32 pm to Mr Perfect
Interesting you deal in absolutes. I don’t think anything is “over” it’s really just speculation. If I buy a house and I’m wrong then I’ll either sell it in a few years to another young person speculating or I’ll lease it and have a rental property.
If I’m right then my home value will increase and I’ll still do the exact same thing.
Or I could buy a home uptown, pay taxes for Orleans Parish, deal with Latoya type leadership and crime, and have my home value plummet potentially and then not be able to rent because the people that live uptown and lease, mostly students or service industry people, will be gone.
It’s interesting also because if schools are online then college students won’t be renting by Tulane, so value up there may plummet. However, the dental school requires hands on education. Therefore Metairie/Lakeview will still have value as potential investment property to some extent.
If I’m right then my home value will increase and I’ll still do the exact same thing.
Or I could buy a home uptown, pay taxes for Orleans Parish, deal with Latoya type leadership and crime, and have my home value plummet potentially and then not be able to rent because the people that live uptown and lease, mostly students or service industry people, will be gone.
It’s interesting also because if schools are online then college students won’t be renting by Tulane, so value up there may plummet. However, the dental school requires hands on education. Therefore Metairie/Lakeview will still have value as potential investment property to some extent.
Posted on 7/19/20 at 9:40 pm to Mr Perfect
quote:
ppl will still wanna live in Nola for the bars and the festivals and the coffee shops.
I’m an agent and I’m 100% truthful with clients letting them know I wouldn’t touch New Orleans with a 10’ pole. I understand paying higher taxes in the city, but you get absolutely no benefit from the higher taxes. Not to mention my friends in Orleans spend more for a month of water/sewer service than I do for 2.
Posted on 7/20/20 at 9:32 am to Mr Perfect
quote:
lmao you think metarie will explode
I wouldn't say it will explode, but east Metairie has been in a boom phase for several years now and it's not slowing down. In the 70005 there are at least 25 houses under construction that all will be valued over $500K. On my block alone, two are going up that will be over $700K.
Anyway, you are either a retard or troll and I can't believe anyone takes you seriously on here.
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