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re: The Standard at Baton Rouge Student Living
Posted on 3/11/14 at 12:38 am to TheRoarRestoredInBR
Posted on 3/11/14 at 12:38 am to TheRoarRestoredInBR
quote:
The slumlording in Tigerland, State St,etc..is partly to blame by BR having lil new apt building in the 1980s/1990s after the AC Lewis boom in the 1950s/1960s,etc..creating the vacancies to be filled when newer/better became more widely available.
The market was long overdue for more newer and nicer. Parents got smart to buying garden homes and/or condos, rather than renting for four, five, or six years. Especially when they see how ratty old LSU apts cost a healthy fraction vs owning something.
At least there is a gentrification move afoot around the gates of LSU's ends..even if Tigerland goes further slumlorded ghetto/barrio.
And the Nicholson corridor between LSU and Downtown is being silently bought up by BR's Illuminati.
My parents bought a house in beau pre for me and the plan was to resell it but then the market went down and are currently renting it out. That thing is a gold mine. If you have the means to buy it is better than renting especially if more than one kid is going to go to LSU.
Posted on 3/11/14 at 12:44 am to willthezombie
I know a gal and her hubby that own like 5+ Beau Pre garden homes.
Frat and Sorority party homes have made them a fortune..paid the mortgages and even a small monthly slush towards the AC changes and property upkeeps.
She cut her teeth on that neighborhood, and is now a bigtime BR REA.
Frat and Sorority party homes have made them a fortune..paid the mortgages and even a small monthly slush towards the AC changes and property upkeeps.
She cut her teeth on that neighborhood, and is now a bigtime BR REA.
This post was edited on 3/11/14 at 12:51 am
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