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re: Housing prices in Nola are out of control!

Posted on 5/31/15 at 11:11 am to
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/31/15 at 11:11 am to
quote:

Good, keep the trash/poor's out and run out the trash that is already there.


This guy gets it.

Higher real estate prices are a Godsend for New Orleans. The trash of that city needs to be pushed out. If you don't like the higher cost of living, then you should probably be listed as among those on the way out.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/31/15 at 11:12 am to
California. And dude the weather here is the tits. You should come by.
Posted by OceanMan
Member since Mar 2010
23422 posts
Posted on 5/31/15 at 12:44 pm to
quote:

New Orleans real estate is a fricking joke compared to where I live. And I am jealous of people from New Orleans bitching about their cost of living.


Dude you are completely missing the point. The area described in the OP is a fricking hood. The fact that someone would pay 300k for the opportunity to live in fear is pretty crazy.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/31/15 at 12:54 pm to
If that was the point then I did miss it. Is it an area where growth is starting to be seen but it's a ways off? Genuinely curious.
Posted by OleWar
Troy H. Middleton Library
Member since Mar 2008
5828 posts
Posted on 5/31/15 at 2:09 pm to
Higher real estate prices are not a "Godsend", they are an effect of an increase in demand in a very inelastic supply. The "trash" of the city are not being pushed out, they are being pushed up against. They will continue to out breed the "non-trash" and scatter into suburbs that were once the refuge of families. Families, which are also not breeding at previous rates based on the enrollment at the better schools in the city.
Posted by JumpingTheShark
America
Member since Nov 2012
24864 posts
Posted on 5/31/15 at 2:10 pm to
Don't feel sorry for y'all. It's retarded over here in Dallas.
Posted by touchdownjeebus
Member since Sep 2010
26843 posts
Posted on 5/31/15 at 2:12 pm to
quote:

They need tighter restrictions on section 8 housing. As long as this goes on the entire area will be a dump. Why would someone want to sell a place (a dump) that the government is giving a guarantee $1500 a month for?


because between taxes, insurance, and mortgage, that 1500 turns into just a couple of hundred. That is one of the reasons why the gentrification is happening at such an accelerated rate. The cost of doing business is much higher than before, and it's more profitable to sell.
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
118622 posts
Posted on 5/31/15 at 2:13 pm to
quote:

the enrollment at the better schools in the city.


Has been hurt by Lusher, Thomas Jefferson and Haynes. These three along with Franklin were recently ranked in the top 5 public schools in the state. The other being LSMS.
Posted by touchdownjeebus
Member since Sep 2010
26843 posts
Posted on 5/31/15 at 2:14 pm to
Hynes, not Haynes...
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
118622 posts
Posted on 5/31/15 at 2:16 pm to
Gotcha. Thought it was the one on Metairie Road.

Which is a good school as well.
Posted by OleWar
Troy H. Middleton Library
Member since Mar 2008
5828 posts
Posted on 5/31/15 at 2:26 pm to
Your list was right the first time. Haynes is the Jefferson Parish high school ranked with those others. Hynes is a grammar school in Lakeview.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
45441 posts
Posted on 5/31/15 at 3:39 pm to
quote:

CNN/Money last week named New Orleans one of the worst cities for renters in the U.S. Housing prices have risen dramatically in the last few years, while the cost of living has stagnated.


New Orleans' best and worst quality is that people want to be here. In the last several years, the city has ranked on dozens of "best of" lists, while also ranking among one of the worst places for health, affordability — or rent. This month, CNN ranked New Orleans as the sixth worst city for renters.

Property value throughout the district has climbed as much as 125 percent since 2000, while the city's cost of living has remained stagnant.
Posted by White Roach
Member since Apr 2009
9666 posts
Posted on 5/31/15 at 4:28 pm to
Property values have risen 125% since 2000, but cost of living has remained stagnant? Sounds like a rent increase is overdue.
This post was edited on 5/31/15 at 4:29 pm
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
118622 posts
Posted on 5/31/15 at 4:37 pm to
quote:

Your list was right the first time. Haynes is the Jefferson Parish high school ranked with those others.


Thought I was right. Just too lazy to check.

A lot of people have gone that route. Along with less children, it is certainly a factor to lower enrollments in the private schools. Maybe Newman can go to a lower classification and finally win a football state championship...
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/31/15 at 4:44 pm to
So you're worried about the suburbs of New Orleans?
Posted by TigerintheNO
New Orleans
Member since Jan 2004
45441 posts
Posted on 5/31/15 at 4:45 pm to
I don't think Luscher and Thomas Jefferson are in the top5, maybe the top 10. Talking about the state's report card scores.
Posted by OleWar
Troy H. Middleton Library
Member since Mar 2008
5828 posts
Posted on 5/31/15 at 5:20 pm to
quote:

So you're worried about the suburbs of New Orleans?


Where do functional families with children live? If they are priced out of Orleans and Jefferson is turning bad, that doesn't leave much.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/31/15 at 5:32 pm to
If the neighborhoods are nice enough, those being pushed out of "New Orleans Proper," for lack of a better term, will not be able to settle there anyway. If the neighborhood wasn't nice enough, then isn't that on the neighborhood?
Posted by OleWar
Troy H. Middleton Library
Member since Mar 2008
5828 posts
Posted on 5/31/15 at 5:46 pm to
The neighborhoods are one issue, and if everyone went to their neighborhood public or archdiocese school the free market with some healthy tribalism could perhaps work itself out. But Jefferson Parish and the Archdiocese have been busing as of late so the value of a neighborhood is in decline.

The point is Jefferson may be experiencing a faster decline then Orleans is experiencing a faster resurgence This is not good for the metro economy as a whole.
Posted by White Roach
Member since Apr 2009
9666 posts
Posted on 5/31/15 at 5:56 pm to
JP has been busing at least since the mid-70s. Haven't Catholic schools always accepted students from outside of their (state) parish?

I know people in St Tammany who sent their sons to Jesuit, and every Catholic high school in Orleans Parish has many students from JP.
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