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re: what are your thoughts on Lakeview?

Posted on 7/25/14 at 12:30 pm to
Posted by NOFOX
New Orleans
Member since Jan 2014
9963 posts
Posted on 7/25/14 at 12:30 pm to
quote:

it seems like it's mostly geezers and that's a concern for us. is that perception wrong?


Pre-Katrina it was a good percentage of old people living in post-WWII bungalows they built. No one ever moved so property values were high. After Katrina, neighborhood destroyed and all the old people left for the most part. Young people bought up $75k lots and then the builders moved in.

A critical mass of young people built and it became a hotspot. Property prices have gained significantly in the last 3 years. The area is now dominated by late-20's to mid-30's new money people and wannna be new money types with mortgages they cannot afford.

Edit: There are a lot of great young families in Lakeview (and several lame ones as well). Not mostly geizers.
This post was edited on 7/25/14 at 12:31 pm
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76756 posts
Posted on 7/25/14 at 12:33 pm to
quote:

new money types with mortgages they cannot afford

That's the recipe for Sec 8!!
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15054 posts
Posted on 7/25/14 at 12:43 pm to
quote:

Edit: There are a lot of great young families in Lakeview (and several lame ones as well). Not mostly geizers.

My grandparents live there and are over 80 , and so are their immediate neighbors. But on their block there are also a bunch of elementary school kids. So it's a strange mix of people who have been living there since the houses were built, and the post-K yuppies.
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