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Which city will be more economically devastated from COVID
Posted on 7/18/20 at 8:50 am
Posted on 7/18/20 at 8:50 am
Baton Rouge or New Orleans?
Case can be made for either.
Case can be made for either.
Posted on 7/18/20 at 8:51 am to remax_joe
New Orleans and it's not close. Hopelessly dependant on tourism
Posted on 7/18/20 at 8:51 am to remax_joe
NOLA easily
BR cant get much worse
BR cant get much worse
This post was edited on 7/18/20 at 8:52 am
Posted on 7/18/20 at 8:53 am to geauxtigers87
quote:
Hopelessly dependant on tourism
And handouts of other people's money.
Posted on 7/18/20 at 9:01 am to geauxtigers87
quote:
New Orleans and it's not close. Hopelessly dependant on tourism
Maybe they should invest more into the Port of New Orleans and sustainable infrastructure and less into a volatile industry like tourism
Posted on 7/18/20 at 9:01 am to geauxtigers87
quote:
New Orleans and it's not close. Hopelessly dependant on tourism
But eventually tourism will return, and thus New Orleans becomes an interesting place to live and work.
Can the same be said for Baton Rouge?
Posted on 7/18/20 at 9:02 am to remax_joe
Is this even a real question?
New Orleans
New Orleans
Posted on 7/18/20 at 9:03 am to geauxtigers87
quote:
New Orleans and it's not close. Hopelessly dependant on tourism
If Lsu football is cancelled or played with no fans it will be very close.
Posted on 7/18/20 at 9:05 am to remax_joe
Nola and it's not close
BR isn't exactly a tourist city
BR isn't exactly a tourist city
Posted on 7/18/20 at 9:06 am to notiger1997
Curious to see what happens to the real estate market. I know rents in the warehouse district were very high as well as home prices especially uptown and old Metairie.
Posted on 7/18/20 at 9:06 am to remax_joe
quote:
But eventually tourism will return
in 2025?
quote:
and thus New Orleans becomes an interesting place to live and work.
Can the same be said for Baton Rouge?
i thought this thread was about economic effects of covid?
Posted on 7/18/20 at 9:06 am to remax_joe
quote:
Can the same be said for Baton Rouge?
Baton Rouge is only interesting a few saturdays a year.
Posted on 7/18/20 at 9:10 am to remax_joe
Baton Rouge about to be affected by no football this fall
Posted on 7/18/20 at 9:13 am to East Coast Band
Baton Rouge's economy is mostly dependent on health care, insurance, lawyers, state government, LSU and heavy industry. Losing LSU football would hurt it some but it wouldn't be a devastating blow to lose 7 home games.
Nola losing tourism is a far bigger blow.
Nola losing tourism is a far bigger blow.
Posted on 7/18/20 at 9:13 am to East Coast Band
yeah BR is going to have a major crunch in 2020 b/c of the shortened/cancelled LSU FB schedule
but Nola has had to cancel all sorts of major events as well and then has to wake up in 2021 and onward while tourism isn't recovered due to a global depression
but Nola has had to cancel all sorts of major events as well and then has to wake up in 2021 and onward while tourism isn't recovered due to a global depression
Posted on 7/18/20 at 9:15 am to MurderHornet
quote:
Maybe they should invest more into the Port of New Orleans and sustainable infrastructure
That takes intelligence and leadership.
The last intelligent elected leader of New Orleans...was....um....
Posted on 7/18/20 at 9:19 am to MurderHornet
quote:
Maybe they should invest more into the Port of New Orleans and sustainable infrastructure
sustainable infrastructure is impossible due to social-political issues. that's why all the companies have been leaving for 30 years and almost none are left. Nola and BR have the same issues, actually. these are intractable problems both cities can't solve
1. crime
2. public schools
3. traffic (bigger issue for BR but Nola is no winner, here)
there are 20-30 urban options for companies looking to relocate of comparable size to Nola. i believe Nola has the worst crime and public schools of any of them, so why would Nola ever be considered an option without major public giveaways? even then, the companies just leave once they are allowed to and they pocket our tax money
Posted on 7/18/20 at 9:20 am to fallguy_1978
Even if you just look at one aspect of the tourism industry, such as weddings, that alone is a huge loss of $$$.
I don’t see many people wanting to have (or even being allowed to)a wedding in Nola until next year. This is a huge hit to restaurants, reception facilities, catering companies, hotels, bars, limo companies, bakeries, etc.
I don’t see many people wanting to have (or even being allowed to)a wedding in Nola until next year. This is a huge hit to restaurants, reception facilities, catering companies, hotels, bars, limo companies, bakeries, etc.
Posted on 7/18/20 at 9:20 am to remax_joe
Nola will in position to recover faster, but not as long as the mayor continues to make “zero cases” the priority and they somehow reopen more slowly than the rest of the state.
BR is going go down slowly and don’t know when it will get back. More zoom meeting means less business travel even coming back out of this, so the airport is going to take it in the rear. Low oil prices will be sticking around for a while, also a stinger to BR.
BR is going go down slowly and don’t know when it will get back. More zoom meeting means less business travel even coming back out of this, so the airport is going to take it in the rear. Low oil prices will be sticking around for a while, also a stinger to BR.
Posted on 7/18/20 at 9:20 am to remax_joe
It has to be New Orleans. Baton Rouge, like other college towns, has only those seven or eight Saturdays in the fall, but that’s really about it.
New Orleans has Mardi Gras, Jazz Fest, Voodoo Fest, the Saints and Pelicans, the Sugar Bowl, and more. Also, New Orleans is a big attraction for conventions.
Nashville has certainly felt the impact - i.e., the SEC Tournament, the conventions, all of the concerns scheduled have been cancelled, the Preds are cancelled, CMA Fest, the 4th of July extravaganza...
New Orleans has Mardi Gras, Jazz Fest, Voodoo Fest, the Saints and Pelicans, the Sugar Bowl, and more. Also, New Orleans is a big attraction for conventions.
Nashville has certainly felt the impact - i.e., the SEC Tournament, the conventions, all of the concerns scheduled have been cancelled, the Preds are cancelled, CMA Fest, the 4th of July extravaganza...
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