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re: New Orleans is rapidly becoming a new city. rate of development is ridiculous.
Posted on 8/3/15 at 4:35 pm to GRTiger
Posted on 8/3/15 at 4:35 pm to GRTiger
quote:
Saw a house come on the market in Lakeview that looked really nice. $260/sqft. I hope it doesn't, because I have a lot of friends and family there, but it seems awfully bubblicious in that area.
We'll find out over the next few years if they have the jobs to support the rising real estate prices.
1
Posted on 8/3/15 at 4:46 pm to demosa
quote:
there aren't too many cities experiencing commercial and residential growth like NO in the core downtown area
Houston says hello
Posted on 8/3/15 at 4:48 pm to H.M. Murdock
quote:
Bubble for sure. Considering about 85% of the new construction homes there are built like utter garbage I don't see the $200+/ft lasting forever
I don't see how it can either. Price has escalated 10% in the last 6 months for some areas. Houses are selling just as quick too.
Posted on 8/3/15 at 4:55 pm to fightin tigers
quote:
I don't see how it can either. Price has escalated 10% in the last 6 months for some areas. Houses are selling just as quick too.
Upside down hockey stick graphs tend to lead to the burst.
Posted on 8/3/15 at 4:57 pm to Jim Rockford
quote:
You see the negative Louisiana attitude on this thread. Sure, we have lots of problems, nobody's denying that. But we're unwilling to even acknowledge when good things are happening.
This isn't a negative "Louisiana" attitude. It's a negative NOLA attitude. Once you have politicians that aren't padding their own pockets at the expense of infrastructure and bettering their own city I'll start to give credit where credit is due.
That being said, Nola is growing, I agree with that, but it is still somewhere I wouldnt want to live for ATLEAST the next 4-7 years. I'm sure I'll catch flames from all the home-grown Nola boys on here who went to college for four years and couldn't wait to get back to "the best city in the world", but face it, that's ethnocentrism at its' finest.
The culture in Nola is absolutely awesome, but the culcha isn't. Nola is kinda like Texas, barring the hardcore locals, it would be a much better place.
Posted on 8/3/15 at 4:58 pm to fightin tigers
quote:
So where are we now?
Ha, If i knew that answer 9 outa 10 times I'd by sitting on a beach.
ETA: My guess...between enthusiasm and delusion. lol
This post was edited on 8/3/15 at 4:59 pm
Posted on 8/3/15 at 5:02 pm to H.M. Murdock
Yeah, we said frick it and bought after guessing where we were on the curve. Luckily unless humanity decides to quit oil or quit being sick we will be fine.
I think we may eventually be upside down to our purchase price, but the other option was throwing away money on rent.
I think we may eventually be upside down to our purchase price, but the other option was throwing away money on rent.
This post was edited on 8/3/15 at 5:02 pm
Posted on 8/3/15 at 5:09 pm to darnol91
quote:
It's a negative NOLA attitude.
Sorry my penis is bigger than yours NO > Leesville > Denim Springs > Zwolle > BR
Posted on 8/3/15 at 5:13 pm to lsufanintexas
quote:
The bum problem is also still pretty bad. On par with other major cities.
With the way people from Houston talked, I thought their city was a crimeless utopia
The amount of bums, crime and car break ins is insane, even compared to be and Nola
Houston has multiple bums on every corner and gas station. Gotta love the tunnels
Posted on 8/3/15 at 5:17 pm to H.M. Murdock
quote:
I don't see the $200+/ft lasting forever.
Is this a joke? $200/ft is NOTHING for a home in a metropolitan area (other than Detroit).
They aint making no more real estate in NOLA, brah. Location, location, location.......
Posted on 8/3/15 at 5:31 pm to yellowfin
quote:
We'll find out over the next few years if they have the jobs to support the rising real estate prices.
i'm gonna go out on a limb and say "noooope"
Posted on 8/3/15 at 5:41 pm to chalmetteowl
quote:
i'm gonna go out on a limb and say "noooope"
You say that, but a service industry worker can bring in six figures in this city.
Posted on 8/3/15 at 5:44 pm to Sid in Lakeshore
quote:
Is this a joke? $200/ft is NOTHING for a home in a metropolitan area (other than Detroit). They aint making no more real estate in NOLA, brah. Location, location, location.......
The FQ is almost 500.00 a square foot and Uptown is getting close. People are buying million dollar properties Uptown and completely gutting them.
Posted on 8/3/15 at 5:47 pm to GFunk
It's still 60 MORE beds than we have now.
Posted on 8/3/15 at 5:55 pm to demosa
ETA on completion of Dave and Busters so I can book my flight early and avoid the rush?
Posted on 8/3/15 at 6:09 pm to Sid in Lakeshore
Lakeview is not uptown/downtown/quarter, don't kid yourself.
Posted on 8/3/15 at 6:12 pm to demosa
Just a beautiful place to be killed
Posted on 8/3/15 at 6:19 pm to tgrbaitn08
quote:
They've been trying to turn it into condos/apts for 10 years.
Ya, looks like another run is being made though.
I've always found it interesting how Jackson Avenue fell. There are some large homes that came into disrepair on that street. Glad to see a few have started being redone.
Posted on 8/3/15 at 6:24 pm to Teddy Ruxpin
Locating two housing projects off the Avenue probably did not help.
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