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Started By
Message
Why doesn’t New Orleans do more to attract middle-class home buyers?
Posted on 4/26/18 at 8:08 am
Posted on 4/26/18 at 8:08 am
It seems there are two types of people in New Orleans: extremely wealthy and those living off the system.
Looking at home prices down there is ridiculous. Their home prices are as if they think New Orleans is Boston or something. No wonder the town has no tax base and can’t attract people.
New Englanders are looking for excuses to move south. Houston, Dallas, Austin, Charlotte, Atlanta, Tampa, Orlando, etc etc all give them a reason to consider their town. New Orleans has similar prices to New England. There is no middle class in that city at all. People looking to escape inflated housing markets aren’t going to move to another one on top of the crappy public schools and the crime. New Orleans has the history and intrigue to market itself as one of these options but they price everyone out.
Face it; Louisiana needs more of a tax-paying population rather than 50% living off the system. We need outside influence to help our broken systems yet the only people New Orleans attracts are well-to-do-hipsters who will eventually go back to their rich families up north once they’re done ‘rebelling’ in the dirty south, and legacy culcha.
WTF New Orleans?
Looking at home prices down there is ridiculous. Their home prices are as if they think New Orleans is Boston or something. No wonder the town has no tax base and can’t attract people.
New Englanders are looking for excuses to move south. Houston, Dallas, Austin, Charlotte, Atlanta, Tampa, Orlando, etc etc all give them a reason to consider their town. New Orleans has similar prices to New England. There is no middle class in that city at all. People looking to escape inflated housing markets aren’t going to move to another one on top of the crappy public schools and the crime. New Orleans has the history and intrigue to market itself as one of these options but they price everyone out.
Face it; Louisiana needs more of a tax-paying population rather than 50% living off the system. We need outside influence to help our broken systems yet the only people New Orleans attracts are well-to-do-hipsters who will eventually go back to their rich families up north once they’re done ‘rebelling’ in the dirty south, and legacy culcha.
WTF New Orleans?
This post was edited on 4/26/18 at 8:20 am
37
Posted on 4/26/18 at 8:09 am to TDcline
Income level does not necessarily equate to intelligence
ETA: or wisdom
ETA: I meant that as they are smarter than to move to NO
ETA: or wisdom
ETA: I meant that as they are smarter than to move to NO
This post was edited on 4/26/18 at 9:53 am
Posted on 4/26/18 at 8:10 am to TDcline
quote:
It seems there are two types of people in New Orleans: extremely wealthy and those living off the system.
Posted on 4/26/18 at 8:11 am to TDcline
You just described Charleston, SC.
Posted on 4/26/18 at 8:11 am to Draconian Sanctions
He saw a documentary on New Orleans once.
Posted on 4/26/18 at 8:14 am to fightin tigers
I made a documentary with your mom once.
Posted on 4/26/18 at 8:15 am to TDcline
Pretty sure there may be a direct correlation between jobs and population growth.
Posted on 4/26/18 at 8:18 am to 50_Tiger
You’re exactly right. Texas attracted companies who were tired of red tape bullshite, which lead to jobs, which lead to population growth in all of their major cities.
Again, Louisiana and New Orleans has done nothing to attract that.
Again, Louisiana and New Orleans has done nothing to attract that.
Posted on 4/26/18 at 8:18 am to TDcline
They can't just invent a bunch of decent paying middle class jobs out of thin air
Posted on 4/26/18 at 8:19 am to TDcline
quote:
Houston, Dallas, Austin, Charlotte, Atlanta, Tampa, Orlando, etc etc all give them a reason to consider their town.
have you seen home prices for these cities?
I'm talking inside the actual city
because they are not any better than NOLA
Posted on 4/26/18 at 8:20 am to Salmon
quote:
have you seen home prices for these cities?
I'm talking inside the actual city
because they are not any better than NOLA
Yeah but you get WAAAAYYYYY better services for your tax money (public schools, transportation, less crime, general cleanliness)
Posted on 4/26/18 at 8:20 am to TDcline
You need a “Middle Class” work force. Just go read the Smoothie King leaving thread.
Very few people want to live in dilapidated areas hoping others that want to improve the area will move there.
The politicians just want voters. The more free shite given away = votes. That free shite=taxes. People that actually pay taxes doesn’t necessarily want the free shite being given.
Very few people want to live in dilapidated areas hoping others that want to improve the area will move there.
The politicians just want voters. The more free shite given away = votes. That free shite=taxes. People that actually pay taxes doesn’t necessarily want the free shite being given.
Posted on 4/26/18 at 8:20 am to TDcline
quote:Completely wrong. There are middle and upper middle class all over the area. Lakeview, Midcity, Uptown...
It seems there are two types of people in New Orleans: extremely wealthy and those living off the system.
Posted on 4/26/18 at 8:20 am to Salmon
Those home prices increased with the demand. They started low though and increased as the market dictated.
Right now New Orleans has no demand to justify the housing market.
Right now New Orleans has no demand to justify the housing market.
This post was edited on 4/26/18 at 8:21 am
Posted on 4/26/18 at 8:20 am to TDcline
quote:
Again, Louisiana and New Orleans has done nothing to attract that.
Which is sad because after visiting home the past 6 days, it did remind me of the charm NOLA can bestow on you. Louisiana should be just as prosperous as Texas in terms of multiple industries along with the backbone of O & G but the laissez faire attitude of native Louisianians will never allow that to cultivate.
Posted on 4/26/18 at 8:21 am to TDcline
All the middle class people live in Metairie.
Posted on 4/26/18 at 8:23 am to TDcline
Because the city government elected does't fit that kind of population..
Lakview and Mid City is basically New Orleans' middle class and its tax base...
Lakview and Mid City is basically New Orleans' middle class and its tax base...
This post was edited on 4/26/18 at 8:25 am
Posted on 4/26/18 at 8:23 am to TDcline
quote:
Right now New Orleans has no demand to justify the housing market.
You mean who the F is buying all of those $789,000 houses uptown? I find it insane too.
Posted on 4/26/18 at 8:23 am to 50_Tiger
Isn't New Orleans growing at the same pace as Houston right now?
I always love comparing Houston/Dallas to New Orleans. Like comparing apples and meerkats.
I always love comparing Houston/Dallas to New Orleans. Like comparing apples and meerkats.
This post was edited on 4/26/18 at 8:24 am
Posted on 4/26/18 at 8:25 am to fightin tigers
quote:
Isn't New Orleans growing at the same pace as Houston right now?
Wut...?
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