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Started By
Message
NOLA named 4th least competitive job market in US
Posted on 2/16/16 at 10:37 pm
Posted on 2/16/16 at 10:37 pm
11
Posted on 2/16/16 at 10:40 pm to TROCKS50
An overwhelming amount of the jobs there are tourism based. Put simply, NOLA's economy isn't diversified enough. Too one-dimensional IMO and the low oil prices sure don't help.
Posted on 2/16/16 at 10:41 pm to Paul Allen
It's still not bad compared to most cities in the U.S.
And somehow people are finding ways to fill damn near every condo and apartment building in the city.
I'm guessing that's going to slow down though now.
And somehow people are finding ways to fill damn near every condo and apartment building in the city.
I'm guessing that's going to slow down though now.
This post was edited on 2/16/16 at 10:43 pm
Posted on 2/16/16 at 10:43 pm to notiger1997
Could you provide an example of a city with similar population? I know some of the rust belt cities are struggling, but there are several places NOLA's size or smaller that are bustling at a steadier and more comfortable pace.
Posted on 2/16/16 at 10:46 pm to Paul Allen
Call Tom Fitzmorris and get your info from him. 
Posted on 2/16/16 at 10:47 pm to notiger1997
quote:
Tom Fitzmorris
Posted on 2/16/16 at 10:47 pm to TROCKS50
quote:
But I thought that the city was booming?
The only place I ever here that is on this board from NOLA natives.
Posted on 2/16/16 at 10:48 pm to TROCKS50
Posted on 2/16/16 at 10:49 pm to TROCKS50
New Orleans doesn't have shite for white collar jobs. Yeah, it's cool the city has gained a few start ups but those are irrelevant compared to Fortune 500-1000 companies that employ hundreds to thousands of professionals at high salaries. These are the companies that sustain cities professional class and keep them stable in down times. NOLA has about as many publicly traded companies as the Lafayette area. Not good if you want to compete against the other major southern cities.
The real estate bubble in the city is going to burst hard in the next 5-10 years.
The real estate bubble in the city is going to burst hard in the next 5-10 years.
This post was edited on 2/16/16 at 10:52 pm
Posted on 2/16/16 at 10:51 pm to Seldom Seen
quote:
The only place I ever here that is on this board from NOLA natives.
Then come try and buy or rent real estate. Or rent a weekend room from now through July.
"It's so shitty that the prices are stupid expensive"
Posted on 2/16/16 at 10:51 pm to notiger1997
quote:
And somehow people are finding ways to fill damn near every condo and apartment building in the city.
Out of state people.
Posted on 2/16/16 at 10:52 pm to NIH
quote:
The real estate bubble in the city is going to burst hard in the next 5-10 years.
Posted on 2/16/16 at 10:55 pm to Seldom Seen
quote:
The only place I ever here that is on this board from NOLA natives.
all the commercial and residential expansion i see must be in my dreams then
those tourism numbers must be fabricated as well - pls go JEFF
Posted on 2/16/16 at 10:58 pm to rocket31
quote:
those tourism numbers must be fabricated as well - pls go JEFF
has nothing to do with a competitive job market
washing dishes at the Hyatt or changing sheets at the Sheraton doesn't do much for college educated folk looking to move to the city.
Posted on 2/16/16 at 11:00 pm to NIH
quote:
The real estate bubble in the city is going to burst hard in the next 5-10 years.
if anything the city will just hit a plateau
massive tourist destinations are unlike other economic backbones
people actually want to live in Nola, and that is very important.
Posted on 2/16/16 at 11:02 pm to rocket31
quote:
if anything the city will just hit a plateau
massive tourist destinations are unlike other economic backbones
Signed, Las Vegas.
Posted on 2/16/16 at 11:03 pm to NIH
quote:
washing dishes at the Hyatt or changing sheets at the Sheraton doesn't do much for college educated folk looking to move to the city.
Then who the hell is paying for all of these house/condos/apartments?
Don't use that lame arse response about tourism. Someone has been buying up all of this shite for the last 5 years and they are doing it for a reason?
I do agree though that we've probably topped out and there will be some pullbacks soon.
Just don't be a dumb arse OT poster who has to make their usual post with no idea of what is really going on just because they've been to Nola and walked down Bourbon street.
Posted on 2/16/16 at 11:05 pm to rocket31
no Top Golf,
its a 3rd world shithole
its a 3rd world shithole
Posted on 2/16/16 at 11:05 pm to rocket31
quote:
f anything the city will just hit a plateau
massive tourist destinations are unlike other economic backbones
people actually want to live in Nola, and that is very important.
meaningless until companies want to do business in new orleans.
Posted on 2/16/16 at 11:05 pm to notiger1997
quote:
Then who the hell is paying for all of these house/condos/apartments?
people always overlook the mobility of our current economy
one can live in a "cool" city (like New Orleans) while their work is based out of Philadelphia or Orlando, etc
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