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re: The ramblings of a St. George opponent

Posted on 3/10/14 at 11:14 am to
Posted by Mike da Tigah
Bravo Romeo Lima Alpha
Member since Feb 2005
58953 posts
Posted on 3/10/14 at 11:14 am to
quote:

So why haven't these issues bled over to Central or Zachary? Is it because people in the late 70's/early 80's claimed Central and Zachary their home city?


Distance, and Solely based on market surveys which will overbuild the hell out of St. George. Sounds like a winner idea, until you own up to the fact that we have an almost stagnant population growth, so all you're doing is robbing Paul to pay Peter. Both will end up broke in the process.

I will never forget a lecture I attended with a local real estate guru who labeled older properties as being "beyond their investment life" as if to say the answer to older properties was to build new properties in order to maintain a livable area. Not one thought or word given to exactly what happens to those older properties and neighborhoods when the exodus takes place or where the people will come from to take their place, just don't think about it, and build, build, build, so I can make money, money, money.

THAT is what's proven to be our biggest failure as a society, not just here, but the problem is underscored here for sure.

This mentality will overbuild St. George, and already is BTW, and deplete the older properties of valued residents, and so rather than invest in those areas to keep them valuable and up to date and desirable, we milk the property for all it's worth, turn them over to the lowest common denominator in life to turn to shite as we continue to move further and further out in order to avoid the problems we create.



Posted by MRTigerFan
Baton Rouge
Member since Sep 2008
4220 posts
Posted on 3/10/14 at 11:22 am to
quote:

Distance,


Central and Zachary both border BR just like SG will.

Eta: only difference is that Central and Zachary are on the North side of BR and SG will be on the south side.


And why hasn't any of that happened in Central and Zachary which are both older than SG as you have pointed out?
This post was edited on 3/10/14 at 11:24 am
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