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I have often wondered this myself. I think these homes are just old money families selling houses that were passed down to them. I don’t see how people can afford this I’m BRs economic climate

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How many people live in Baton Rouge that make that kind of money to pay cash or not be bothered by the massive mortgage and the fact that their house is going to be very difficult to sell?

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OT ballers and plant operators

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assume people buying these homes are paying cash somehow or make so much money that the mortgage payment is just noise.

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Or pay way more than they should based on their income in order to keep up appearances, and now have nothing left to save.

There are plenty of business owners, execs, doctors, lawyers etc that can afford a 1M$ home in Baton Rouge

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I assume people buying these homes are paying cash somehow or make so much money that the mortgage payment is just noise. How many people live in Baton Rouge that make that kind of money to pay cash or not be bothered by the massive mortgage and the fact that their house is going to be very difficult to sell?

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The people who live in these homes can afford to wait to get what they want.

You just cracked the OT posting code

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I have often wondered this myself. I think these homes are just old money families selling houses that were passed down to them

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There lots of newer homes built in the last 10 years that are worth 1 million plus, but not for sale. There $800K spec homes under construction right now.

UClub. Not too far from Coach O

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So they live in Bocage/Bocage Lake, LSU Lakes, or CCLA?

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My buddy sold his place in the Settlement at Willow Grove for like 1.2.-1.3 in a week or 2.