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re: What will the flood do to the housing market here?

Posted on 8/17/16 at 9:57 am to
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
78182 posts
Posted on 8/17/16 at 9:57 am to
Paid $69,000 for a 1 BR Condo 1 month before Katrina.

Sold it 6 months later for $105,000

Property values are going to skyrocket.
This post was edited on 8/17/16 at 9:58 am
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8431 posts
Posted on 8/17/16 at 10:11 am to
Yes they will. And the rental market will really go up. I've been talking with coworkers who rent who are now in a real bind as the houses they were renting are gone.
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