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re: A debt 'time bomb' looms for New Orleans' downtown office market

Posted on 3/21/24 at 7:58 am to
Posted by tigerterrace
Mobile, Alabama
Member since Sep 2016
3398 posts
Posted on 3/21/24 at 7:58 am to
Some of these will be flipped to apartments. Homeless Shelters and places for illegals.

Posted by 4cubbies
Member since Sep 2008
50376 posts
Posted on 3/21/24 at 9:27 am to
quote:

Some of these will be flipped to apartments. Homeless Shelters and places for illegals.


Have you ever been to New Orleans?

There is abandoned (now) blighted property everywhere that is allowed to sit and rot instead of flipping into anything else. What makes you think these buildings will be treated differently?

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