re: Help me understand Nola housing market UPDATE

Although the City in my opinion will see a dip, a majority of homeowners are not heavily invested in industries most effected by this. I think certain areas will suffer more. For example Mid City may see a significant drop in prices. But uptown is more old money/very wealthy and not as tied to the New Orleans economy. Who knows though. I think Metairie is a better option based upon prices for insurance and basic utilities.