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Is the Katrina Boom Ending?
Posted on 2/12/16 at 4:56 pm
Posted on 2/12/16 at 4:56 pm
New Orleans has had a renassaince since rebuilding from Katrina began in earnest in 2006. With the state financial disaster, oil decline, movie industry decline, etc, will this drag down New Orleans ending the growth boom that we've seen for almost a decade?
At what point does Louisiana's ineptitude begin to cast a shadow over a thriving New Orleans?
At what point does Louisiana's ineptitude begin to cast a shadow over a thriving New Orleans?
7
Posted on 2/12/16 at 4:58 pm to AlaTiger
checks real estate prices
nope
nope
Posted on 2/12/16 at 5:00 pm to AlaTiger
quote:
At what point does Louisiana's ineptitude begin to cast a shadow over a thriving New Orleans?
Give JBE a couple more months.
Posted on 2/12/16 at 5:01 pm to AlaTiger
The BP money is still trickling in.
Posted on 2/12/16 at 5:03 pm to AlaTiger
2015 vs. 2014 metro area home prices/sq ft
Every zip (except New Orleans East, the old Fischer area of Algiers, and Plaquemines Parish) has gone up.
Posted on 2/12/16 at 5:05 pm to AlaTiger
New Orleans home prices went up 14%. In 2015 alone. It's San Francisco without the good weather, high paying jobs, relative safety, decent infrastructure, and proximity to Lake Tahoe.
This post was edited on 2/12/16 at 5:07 pm
Posted on 2/12/16 at 5:08 pm to Tingle
quote:
Every zip (except New Orleans East, the old Fischer area of Algiers, and Plaquemines Parish) has gone up.
SOooooooooooooooooo housing prices are racist?
Posted on 2/12/16 at 5:11 pm to Breesus
quote:
quote:
Every zip (except New Orleans East, the old Fischer area of Algiers, and Plaquemines Parish) has gone up.
SOooooooooooooooooo housing prices are racist?
They don't like Islenos and the Vietnamese?
Posted on 2/12/16 at 5:14 pm to GaryMyMan
San Francisco? LOL
But I all seriousness, this slow down in oil and gas and looming budget cuts are going to put the brakes on the NOLA boom no doubt.
But I all seriousness, this slow down in oil and gas and looming budget cuts are going to put the brakes on the NOLA boom no doubt.
Posted on 2/12/16 at 5:16 pm to AlaTiger
The Katrina boom ended in 2014, GDP was down a couple percentage points that year from,the prior year.
And it was one of a few major metros to have a negative GDP
So, I think the negative has already moslty been absorbed
This downturn will certainly affect the whole state and is a different animal
And it was one of a few major metros to have a negative GDP
So, I think the negative has already moslty been absorbed
This downturn will certainly affect the whole state and is a different animal
This post was edited on 2/12/16 at 5:18 pm
Posted on 2/12/16 at 5:26 pm to AlaTiger
I hope not, but probably so. I do enjoy that it provides a constant supply of new teachers and nurses for me to sexualize. New Orleans had a chance for a 100% new beginning. Unfortunately, I see politicians holding back progress still. Hopefully those people die soon, and everything will be kosher
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