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Started By
Message
re: Mark Hughes, owner of the Cannery in NOLA had a private meeting with Latoya Cantrell
Posted on 9/23/20 at 8:18 am to boxcarbarney
Posted on 9/23/20 at 8:18 am to boxcarbarney
My neighbor is a real estate agent in Slidell/lacombe and she said the only time she’s been this busy this time of year was after Katrina. She said she usually vacationing this time of year because business is So slow.
Just about every buyer that she’s dealing with is coming out of Orleans Parish. Many from uptown.
They tell her that they’re getting out while the gettin’s good. Crime is a big reason but the covid got some of them thinking about having more space.
Weird thing is that no one has had trouble selling their Orleans homes. Demand is there so Prices holding steady.
I wonder how long that will last?
Just about every buyer that she’s dealing with is coming out of Orleans Parish. Many from uptown.
They tell her that they’re getting out while the gettin’s good. Crime is a big reason but the covid got some of them thinking about having more space.
Weird thing is that no one has had trouble selling their Orleans homes. Demand is there so Prices holding steady.
I wonder how long that will last?
This post was edited on 9/23/20 at 8:19 am
2
Posted on 9/23/20 at 8:19 am to jordan21210
quote:
Except cracking down on STR’s protects renters and homebuyers.
wrong, actually the very opposite is a reality.
This post was edited on 9/24/20 at 5:23 pm
Posted on 9/23/20 at 8:20 am to rocket31
quote:
wrong, actually the very opposite is a reality.
How re: renters?
Posted on 9/23/20 at 8:21 am to jordan21210
quote:
Housing costs too much and we have wage stagnation bc many jobs are service industry and hospitality.
its almost like if you provide people with an opportunity to operate an STR they could afford the rising costs.
the biggest issue was not that STRs existed, it was that lower-income and the uneducated didnt have the proper resources to run their own. savvy middle class people were buying them in droves and displacing the people at the bottom
Posted on 9/23/20 at 8:23 am to JohnnyKilroy
quote:
How re: renters?
yeah you can't argue "Nola has limited space" and then act like STR proliferation won't have a major increase in costs
i guess renters can "own and run a STR" and that will be the response
Posted on 9/23/20 at 8:24 am to JohnnyKilroy
quote:
How re: renters?
This post was edited on 9/24/20 at 5:26 pm
Posted on 9/23/20 at 8:25 am to SlowFlowPro
quote:
i guess renters can "own and run a STR" and that will be the response
This would be a really dumb response
Posted on 9/23/20 at 8:27 am to JohnnyKilroy
why?
i own property, i allow my renters to run an airbnb out of it...the only issue is that I need to be the one that signs them up for the service and they cant do it themselves
i own property, i allow my renters to run an airbnb out of it...the only issue is that I need to be the one that signs them up for the service and they cant do it themselves
This post was edited on 9/23/20 at 8:27 am
Posted on 9/23/20 at 8:29 am to Ed Osteen
Posted on 9/23/20 at 8:30 am to tgrbaitn08
that's a weird comment. the OT hates Latoya like 10x more than Bama
Posted on 9/23/20 at 8:30 am to SlowFlowPro
quote:
then act like STR proliferation won't have a major increase in costs
not an accurate argument
housing prices were RISING before STRs
they are also still RISING now despite the new laws.
Posted on 9/23/20 at 8:32 am to SlidellCajun
quote:
Just about every buyer that she’s dealing with is coming out of Orleans Parish. Many from uptown.
They tell her that they’re getting out while the gettin’s good. Crime is a big reason but the covid got some of them thinking about having more space.
Sounds like some anecdotal BS. No one is moving from Uptown to Slidell
. Also crime uptown is not bad. Her clients are probably moving from the outer borders of “Uptown” that are actually more Carrollton/Broadmoor and bordering on Hollygrove. Posted on 9/23/20 at 8:32 am to SlowFlowPro
quote:
that was the push, but i think that peaked years ago and has decreased dramatically since. the article 08 posted was in 2017, so it likely was using 2016 data
Acrruent deal announced 2018 - occupancy 2019 EY Resource Center
Two deals above were significant and after your dates. Both entry level tech positions which we need to build workforce. Both had strong potential for growth. Accruant was at 150 pre-covid. Hope to get to 300 in the CBD
Posted on 9/23/20 at 8:36 am to rocket31
quote:
why?
i own property, i allow my renters to run an airbnb out of it...the only issue is that I need to be the one that signs them up for the service and they cant do it themselves
Why? Because not everyone wants to run an STR
I own my condo and I don’t want that hassle...and even if I had a lower income service industry job, I still wouldn’t want that hassle. Also, the types of STR’s that make good money aren’t the types that would be available...no one wants to stay in a dingy bedroom in MidCity or Bywater or St Roch etc.
Posted on 9/23/20 at 8:37 am to DandyPimp
that's a hilarious response for my post
where is Accurent HQ'd? Austin
so Nola gets 150 entry level positions while their metro competitor HQs the company sending those jobs
where is Accurent HQ'd? Austin
so Nola gets 150 entry level positions while their metro competitor HQs the company sending those jobs
Posted on 9/23/20 at 8:38 am to jordan21210
quote:
e types of STR’s that make good money aren’t the types that would be available...no one wants to stay in a dingy bedroom in MidCity or Bywater or St Roch etc.
This post was edited on 9/24/20 at 5:24 pm
Posted on 9/23/20 at 8:39 am to ColdTurkey
quote:
My dad always told me once I’m older I’ll understand why he’s such a staunch republican. I see why now.
"If you aren't a liberal when young, you have no heart. If you aren't conservative when old, you have no brain."
Winston Churchill*
*Widely attributed to him, no clue if he actually said it or if the internet is lying again.
Posted on 9/23/20 at 8:40 am to SlowFlowPro
quote:
that's a weird comment. the OT hates Latoya like 10x more than Bama
yeah I dont know what being a bama fan has to do with the OT hating Latoya
Posted on 9/23/20 at 8:41 am to jordan21210
quote:
I own my condo and I don’t want that hassle...and even if I had a lower income service industry job, I still wouldn’t want that hassle. Also, the types of STR’s that make good money aren’t the types that would be available...no one wants to stay in a dingy bedroom in MidCity or Bywater or St Roch etc.
we own a condo in the warehouse dist and we arent allowed to rent it out short term...3 month minimum. I wouldn't want to deal with that shite on a daily or weekly basis either
Posted on 9/23/20 at 8:42 am to rocket31
quote:
during peak airbnb, i was making over 80k per year running airbnbs out of midcity and bywater bedrooms.
i can even show you the tax receipts if you want but id suggest not lying about something youre clearly not familar with
Post em.
I’m glad you had success with it, but you aren’t the rule here and I think your views on everyone in the city just up and running their own STR is far too idealistic. You 1) owned your own properties which most people in the city don’t and 2) had the time and desire to host people which most homeowners both rich and poor don’t want.
Edit: the STR issue also just isn’t about homeowners and renters running them. Neighbors don’t want them in their neighborhoods and I don’t really blame them. That was another big reason for the crackdown.
This post was edited on 9/23/20 at 8:44 am
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