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re: Gentrification is real in New Orleans!

Posted on 12/4/17 at 7:19 pm to
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
27002 posts
Posted on 12/4/17 at 7:19 pm to
Good
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 12/4/17 at 7:21 pm to
quote:

This house at 3724 Laurel St. in New Orleans sold for $645,000. $264 per sq ft. 

645k and my truck wouldn't even fit in the driveway
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33916 posts
Posted on 12/4/17 at 7:21 pm to
I would never be an early gentrifier. It’s essentially begging to get mugged at gunpoint and broken into every day
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 12/4/17 at 7:21 pm to
quote:

They're all in good neighborhoods though, right?




The streets around Thalia are so fricked up I'm not sure how you could actually get to the house.

And on the wrong side of the canal.
This post was edited on 12/4/17 at 7:23 pm
Posted by Brosef Stalin
Member since Dec 2011
42624 posts
Posted on 12/4/17 at 7:22 pm to
maybe they charge extra for culcha
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 12/4/17 at 7:23 pm to
quote:

Yeah white people, we get it. You can't buy a decent house under 400k



quote:

mailman


Get a better job

Or maybe even an education
Posted by TheMailman
Member since Jul 2017
1550 posts
Posted on 12/4/17 at 7:29 pm to
quote:

quote: This house at 3724 Laurel St. in New Orleans sold for $645,000. $264 per sq ft.


Isn't $264 per square ft pretty cheap
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 12/4/17 at 7:30 pm to
Depends on the square footage
Posted by yellowfin
Coastal Bar
Member since May 2006
99045 posts
Posted on 12/4/17 at 7:32 pm to
Airbnb's fault
Posted by MrSpock
Member since Sep 2015
5167 posts
Posted on 12/4/17 at 7:32 pm to
quote:

what industry does nola have to sustain these prices? some of these are in awful locations too



AirBnB.

Posted by JackieTreehorn
Member since Sep 2013
35576 posts
Posted on 12/4/17 at 7:34 pm to
Even if money wasn’t an option, you have to be mentally retarded to purchase a shithole for $500k in New Orleans.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 12/4/17 at 7:37 pm to
quote:

you have to be mentally retarded to purchase a shithole for $500k in New Orleans.



Maybe they see something you dont.
Posted by Jack Daniel
Gold member
Member since Feb 2013
29720 posts
Posted on 12/4/17 at 7:42 pm to
Those houses are to die for
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79881 posts
Posted on 12/4/17 at 7:44 pm to
quote:

Isn't $264 per square ft pretty cheap



Very
Posted by ellishughtiger
70118
Member since Jul 2004
21182 posts
Posted on 12/4/17 at 7:45 pm to
quote:

This house at 3724 Laurel St. in New Orleans sold for $645,000. $264 per sq ft.



This is about going rate for a shot gun camel back uptown. There's a house on the corner of Henry Clay and Magazine w/ less sf than this house on Laurel currently on the market for $900k I believe.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79881 posts
Posted on 12/4/17 at 7:47 pm to
There are about 6 houses like that across the 10 block stretch.

Probably a dozen within 6 square blocks.
Posted by QuietTiger
New Orleans
Member since Dec 2003
26256 posts
Posted on 12/4/17 at 7:47 pm to
quote:

Those houses are to die for


My thoughts exactly!
Posted by pjab
Member since Mar 2016
5775 posts
Posted on 12/4/17 at 7:47 pm to
Of the three you posted, that 3900 Thalia is the only surprising one.
Posted by lsusportsman2
Member since Oct 2007
27232 posts
Posted on 12/4/17 at 7:53 pm to
Good. A city-wide gentrification is EXACTLY what this city needs.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79881 posts
Posted on 12/4/17 at 7:54 pm to
Astonished a house on Louisiana is that cheap.
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