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re: What is your opinion on the gentrification of N.O.?
Posted on 6/19/15 at 3:00 pm to AbitaFan08
Posted on 6/19/15 at 3:00 pm to AbitaFan08
quote:
the process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents.
Right, exactly what I said.
1
Posted on 6/19/15 at 3:02 pm to Cold Cous Cous
So rich people buying already nice houses in an expensive and sought-after area is gentrification to you? Because that's exactly what you said.
The actual definition uses the following words and phrases:
"renewal"
"rebuilding"
"middle-class"
"deteriorating areas"
"displaces poorer residents"
How is an oil tycoon from Houston buying a condo on Decatur anything close to gentrification?
The actual definition uses the following words and phrases:
"renewal"
"rebuilding"
"middle-class"
"deteriorating areas"
"displaces poorer residents"
How is an oil tycoon from Houston buying a condo on Decatur anything close to gentrification?
Posted on 6/19/15 at 3:09 pm to AbitaFan08
quote:
So rich people buying already nice houses in an expensive and sought-after area is gentrification to you? Because that's exactly what you said.
2004 - 120k is today's 350k. And that is a conservative example.
This post was edited on 6/19/15 at 3:10 pm
Posted on 6/19/15 at 3:39 pm to 504ByrdGang
I'm not a fan of the airbnb gentrifiers, what airbnb is doing to the housing market, or what it's doing to neighborhoods.
Posted on 6/19/15 at 3:43 pm to 504ByrdGang
quote:
What is your opinion on the gentrification of N.O.? by 504ByrdGang
My opinion is cha ching, buy for nothing fix em up and sell them to white people who think its cool to have a crack dealer on their corner.
God bless America
Posted on 6/19/15 at 4:05 pm to Lakeboy7
quote:
who think its cool to have a crack dealer on their corner.
Posted on 6/19/15 at 4:13 pm to notiger1997
Why the eye roll? you can get stepped on heroin and weed also.
Posted on 6/19/15 at 4:17 pm to Jcorye1
quote:
Hey, sorry for being a bit of an arse earlier in the thread
It's all good.
Posted on 6/19/15 at 5:05 pm to DrinkDrankDrunk
quote:
I'm not a fan of the airbnb gentrifiers, what airbnb is doing to the housing market, or what it's doing to neighborhoods.
So if I leave nashville for a couple weeks on vacation and AirBnb my place, essentially paying for my vacation and attracting tourists to my city, that is bad for Nashville?
Posted on 6/19/15 at 5:13 pm to TheCaterpillar
quote:
So if I leave nashville for a couple weeks on vacation and AirBnb my place, essentially paying for my vacation and attracting tourists to my city, that is bad for Nashville?
That's a gross simplification of the Airbnb controversy.
Posted on 6/19/15 at 5:17 pm to TheCaterpillar
I'm mostly talking about people, generally from elsewhere, who buy places here solely to put them on airbnb. It is very common here. You don't have a sense of community with a new neighbor every few days. And a lot of the people renting them behave like they're still on Bourbon in residential neighborhoods. It's well and good for the people making money off it because they're not there to be affected by it. But it sucks for their neighbors. It also sucks for the people who can't find long term rentals now or get kicked out of their rental because there's so much money to be made on airbnb.
This post was edited on 6/19/15 at 5:18 pm
Posted on 6/19/15 at 5:36 pm to DrinkDrankDrunk
quote:
there's so much money to be made on airbnb.
You can pretty much double what you make in a year on a standard rental.
FWIW Stacey Head has some compromise legislation that will ensure the City gets its fees and essentially waves at the practice. I think there about 2,000 NO properties on Airbnb and an estimated 1,000 not advertised.
The short term rental people know the City doesn't have the resources to track them all down so in spite of the recent code violation letters no one has stopped renting.
Posted on 6/19/15 at 5:42 pm to DrinkDrankDrunk
This is the problem. I see nothing wrong with people who live in a house or structure full time renting out a room or living unit as a short-term rental. I think its even fine if people who rent out their houses for Mardi Gras and Jazzfest.
However, if you don't live in a house (or at least on the same block) you shouldn't be allowed to use the house as a full-time short term rental (aka a full time hotel) without notifying the City and paying occupancy taxes.
We rent half out the other half of our double to a long-term tenant. We could probably make more money doing a short term rental but we don't want to be that person in the neighborhood yet?
However, if you don't live in a house (or at least on the same block) you shouldn't be allowed to use the house as a full-time short term rental (aka a full time hotel) without notifying the City and paying occupancy taxes.
We rent half out the other half of our double to a long-term tenant. We could probably make more money doing a short term rental but we don't want to be that person in the neighborhood yet?
Posted on 6/19/15 at 6:06 pm to TheCaterpillar
quote:
So if I leave nashville for a couple weeks on vacation and AirBnb my place, essentially paying for my vacation and attracting tourists to my city, that is bad for Nashville?
Someone buys a triplex and rents out all units year-round. Basically you can have a mini-hotel in the middle of any neighborhood that pays no taxes.
This post was edited on 6/19/15 at 6:06 pm
Posted on 6/19/15 at 6:18 pm to TheCaterpillar
quote:
So if I leave nashville for a couple weeks on vacation and AirBnb my place, essentially paying for my vacation and attracting tourists to my city, that is bad for Nashville?
See my post, I'm fine with this idea and would do it myself. Now buying another house and using AirBnb full-time on your old house, that's what people have a problem with.
Posted on 6/19/15 at 6:22 pm to cahoots
quote:
Basically you can have a mini-hotel in the middle of any neighborhood that pays no taxes.
Hating on AirBnB for homeowners not paying taxes is a joke.
Just say what it is. Short term lease operaters are poo poo heads. They are the next gentrifiers and the current ones hate them.
Posted on 6/19/15 at 6:24 pm to Tigerstudent08
quote:
ummm what? What do movies that come in and shoot for a couple months and leave have to do with gentrification? All of their work is temporary, not only is it not benefitting the state, the state is losing $4 for every $1 it brings in! The long term permanent jobs fueled by law firms, oil and gas industries, and tourism is what is making the city what it is.
LINK Yeah I'm sure 37k sq ft of soundstage, 5 story office tower, 73k sq ft warehouse, etc. is only here for a few months. I'm also sure their aren't over 200 workers who works at this business full time & year round either.
Or this small 11k studio in the 9th Ward called 9th Ward Studios. Obviously they don't employ a few dozen full time New Orleans residents either. Or any of these local vendors who opened up businesses here are only here for a few months. LINK
NOLA Studios also doesn't have permanent full-time residents in New Orleans working for them either to fill up their 10k sq ft production office, fill up their 2 parking lots, or 9500 sq. ft soundstage.
Emporia Productions doesn't have full time NOLA residents working for them either who live in the City full time. LINK
There aren't any full-time local residents working for Big Easy Studios either because they just let a 250,000 sq ft office park and sound stage sit empty. LINK These guys don't live in New Orleans full-time. This company was becoming the largest film studio in the entire US.
These are just a small sampling of the major infrastructure investments in NOLA alone that the tax credits have brought and the employees these companies who live in NOLA on a full-time basis.
And for those of you who think these companies will stay well here is proof that Louisiana is going to get its arse handed to it
LINK
This post was edited on 6/19/15 at 6:30 pm
Posted on 6/19/15 at 6:26 pm to MrLSU
i don't necessarily support the tax "credits," but it's pretty funny how misinformed people are when it comes to the film industry.
Posted on 6/19/15 at 6:26 pm to cahoots
A lot of neighborhoods don't allow for you to essentially sub-lease your place on airbnb or vrbo. I know my parents were told this whenever they bought their house in the FQ. Some people still do it, but it's one of those unspoken things where if you don't do it year round, you're fine.
Posted on 6/19/15 at 6:29 pm to NOLALGD
quote:
This is the problem. I see nothing wrong with people who live in a house or structure full time renting out a room or living unit as a short-term rental. I think its even fine if people who rent out their houses for Mardi Gras and Jazzfest.
I completely agree with you. I don't care if event periods are a free for all. I don't care what people do in areas that already have a ton of hotels.
quote:
We rent half out the other half of our double to a long-term tenant. We could probably make more money doing a short term rental but we don't want to be that person in the neighborhood yet?
Same here. Hell, I could probably make more just renting it during mg and festivals than I do in a year. And again, I wouldn't care if people just did it then. If the city could make a ton of money off it and actually do something useful with said money, I wouldn't care at all as long as the owner was on site.
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