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re: New Orleans is rapidly becoming a new city. rate of development is ridiculous.
Posted on 8/3/15 at 4:48 pm to H.M. Murdock
Posted on 8/3/15 at 4:48 pm to H.M. Murdock
quote:
Bubble for sure. Considering about 85% of the new construction homes there are built like utter garbage I don't see the $200+/ft lasting forever
I don't see how it can either. Price has escalated 10% in the last 6 months for some areas. Houses are selling just as quick too.
1
Posted on 8/3/15 at 4:55 pm to fightin tigers
quote:
I don't see how it can either. Price has escalated 10% in the last 6 months for some areas. Houses are selling just as quick too.
Upside down hockey stick graphs tend to lead to the burst.
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