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re: New Orleans affordable housing crisis
Posted on 8/8/18 at 12:12 pm to LSUFanHouston
Posted on 8/8/18 at 12:12 pm to LSUFanHouston
(no message)
This post was edited on 1/21/20 at 9:24 am
3
Posted on 8/8/18 at 12:15 pm to cahoots
The East is going to turnaround if trends continue. That is a big IF though.
Consider Upper and Lower 9th, Arabi, Treme, and even Gentilly having major turnarounds. Long way to go, but the market is mostly supporting it.
Consider Upper and Lower 9th, Arabi, Treme, and even Gentilly having major turnarounds. Long way to go, but the market is mostly supporting it.
Posted on 8/8/18 at 12:15 pm to cahoots
But the flip side is those type of cities have very good public transportation.
I’m thinking a lot of people we are discussing couldn’t afford much in Metairie, at least not in the east side closer to Nola.
I would hate to have to be the ooor guy who has to rely on a crappy inconstant bus service f on Nola East, Kenner, or the West Bank
I’m thinking a lot of people we are discussing couldn’t afford much in Metairie, at least not in the east side closer to Nola.
I would hate to have to be the ooor guy who has to rely on a crappy inconstant bus service f on Nola East, Kenner, or the West Bank
Posted on 8/8/18 at 1:49 pm to cahoots
quote:
Not saying you don't have a point, but bear in mind that places like NYC, San Fran, Los Angeles, etc. continue to host tons of tourists despite housing prices that are much higher than New Orleans. You can still rent relatively cheap places in Metairie and the east. Those places would be considered prime property in the bay area.
Those cities have much better opportunities (obviously), but bartenders and dishwashers in New Orleans still have an easier time getting by.
Those places, especially NYC, have a strong transit system that includes connected transit out to the burbs where those people live.
Further, NYC has rent control, does it not?
Also, I imagine that those workers in those cities are making more... so housing as a percentage of their income would be close to what it is here.
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