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re: Here is what almost 500k gets you in Nola

Posted on 4/21/19 at 8:00 am to
Posted by tilco
Spanish Fort, AL
Member since Nov 2013
14607 posts
Posted on 4/21/19 at 8:00 am to
This is a sign that the market is about to burst in NOLA.
Posted by notiger1997
Metairie
Member since May 2009
61773 posts
Posted on 4/21/19 at 8:05 am to
People have been saying that for five years.
Posted by GreatLakesTiger24
Member since May 2012
61485 posts
Posted on 4/21/19 at 8:08 am to
quote:

Two kinds of people live in new Orleans parish. Rich whites and poor blacks. Nothing in the middle.
that's just not true at all
Posted by OleWar
Troy H. Middleton Library
Member since Mar 2008
5828 posts
Posted on 4/21/19 at 8:16 am to
quote:

This is common of course in and around most urban settings but where new Orleans is different, is that it's much like a garden variety 3rd world Carribean island.

A white minority ruling class sequestered in basically two parts of town and a majority of poor blacks living everywhere else.

Two kinds of people live in new Orleans parish. Rich whites and poor blacks. Nothing in the middle.


Everything you wrote is true but the part about the white minority ruling class.
Posted by Isabelle81
NEW ORLEANS, LA
Member since Sep 2015
2718 posts
Posted on 4/21/19 at 8:56 am to
I can see the price happening on Nashville, but the other two nope. When I was in school decades ago, Nashville was as upper class as the garden district.
Posted by RealityTiger
Geismar, LA
Member since Jan 2010
20543 posts
Posted on 4/21/19 at 9:01 am to
quote:

It's a nice place and all, but we still have to send our kids to private school.
Exactly. And with multiple kids, that's like paying another house note per month. Which is where my statement of saying most people couldn't hang with paying a house note in the mid to upper 2,000's comes from. In addition to a other bills.

If you're a young couple of just you and your wife and you both make close to if not over 6 figures, then yeah. Once you throw kids into the picture, forget about it. Just not feasible for working class families.
Posted by LSU alum wannabe
Katy, TX
Member since Jan 2004
27870 posts
Posted on 4/21/19 at 9:03 am to
quote:

What happens if you don't pay your gentility bill?


I laughed. Out loud.

On the toilet.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/21/19 at 9:04 am to
quote:

This is a sign that the market is about to burst in NOLA.


that's not outrageous for a house in the heart of a city.
Posted by GreatLakesTiger24
Member since May 2012
61485 posts
Posted on 4/21/19 at 9:08 am to
Not at all, but let's not get in the way of an anti-nola circle jerk.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 4/21/19 at 9:10 am to
Housing markets in cities are insane, and the bubble will pop again.
Posted by RealityTiger
Geismar, LA
Member since Jan 2010
20543 posts
Posted on 4/21/19 at 9:12 am to
quote:

that's not outrageous for a house in the heart of a city.
It is for the pay scale relative to New Orleans and/or Louisiana. Some of you who live in other states and probably make more look at $450,000 (for a house like that in the picture) the same way we (in Louisiana) look at $150,000 for a house.

I've lived in other states, I know the deal and how it works.
Posted by Teddy Ruxpin
Member since Oct 2006
40987 posts
Posted on 4/21/19 at 9:13 am to
quote:

maybe there isn’t a logical way to increase housing options


A job market worth a frick would fix this pretty quickly.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/21/19 at 9:13 am to
quote:

What people don't want to do is pay grotesque amounts of money to live in one of the few 3rd world cultures that reside inside US borders.



1st off if you’ve ever actually been to a 3rd world country you’d realize how fricking ignorant you sound right now.

2nd of all, people do and are paying premium prices to live in the City.

So now you’re ignorant x2
Posted by tigersownall
Thibodaux
Member since Sep 2011
17200 posts
Posted on 4/21/19 at 9:13 am to


700 k in Thibodaux. Buy a fricking plantation.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78654 posts
Posted on 4/21/19 at 9:14 am to
quote:

This is a sign that the market is about to burst in NOLA.


Haven’t we been hearing about this for years now? Same with the student loan bubble they’ve been talking about.
Posted by bee Rye
New orleans
Member since Jan 2006
34624 posts
Posted on 4/21/19 at 9:18 am to
quote:

Just live in Metairie between Bucktown and causeway. Houses are affordable and drive downtown is 15 minutes on the worst traffic days.
i’m In Metry past causeway near the lake and I can get downtown in 15 minutes at the time I go to work (7 am)
Posted by BRgetthenet
Member since Oct 2011
118270 posts
Posted on 4/21/19 at 9:18 am to
It was another rough day for Wall Street, with the major indices all down at least 1 ¼ percent.

The Dow Industrials tumbled 327 points, the Nasdaq skidded 157 and the S&P lost 40.




I’m Jim Chesko
Posted by notiger1997
Metairie
Member since May 2009
61773 posts
Posted on 4/21/19 at 9:18 am to
quote:

Once you throw kids into the picture, forget about it. Just not feasible for working class families.


I get that. I'm not sure how so many of my friends can afford big homes with each of them have 2 or 3 kids in private school.

We got lucky and brought our house from a family member on the cheap. Did some nice renovations to help with the stress of having a smaller house.

The house is now worth more than double what I paid for it.
Posted by GreatLakesTiger24
Member since May 2012
61485 posts
Posted on 4/21/19 at 9:19 am to
... but you have to live in Thibs
Posted by Pandy Fackler
Member since Jun 2018
21114 posts
Posted on 4/21/19 at 9:19 am to
quote:

1st off if you’ve ever actually been to a 3rd world country you’d realize how fricking ignorant you sound right now. 



If you don't think new Orleans is a class driven 3rd world culture, then you're in denial and dumb as shite.

You know what they say about new Orleans, right?

You can't think of new Orleans as one of the most dangerous cities in America. You have to think of it as the safest country in the Caribbean.
This post was edited on 4/21/19 at 9:20 am
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