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Which city will be more economically devastated from COVID

Posted on 7/18/20 at 8:50 am
Posted by remax_joe
Member since Sep 2015
353 posts
Posted on 7/18/20 at 8:50 am
Baton Rouge or New Orleans?

Case can be made for either.
Posted by geauxtigers87
Louisiana
Member since Mar 2011
27790 posts
Posted on 7/18/20 at 8:51 am to
New Orleans and it's not close. Hopelessly dependant on tourism
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132710 posts
Posted on 7/18/20 at 8:51 am to
NOLA easily

BR cant get much worse
This post was edited on 7/18/20 at 8:52 am
Posted by Hangit
The Green Swamp
Member since Aug 2014
47794 posts
Posted on 7/18/20 at 8:53 am to
quote:

Hopelessly dependant on tourism


And handouts of other people's money.
Posted by MurderHornet
Beaumont, TX
Member since Jun 2020
411 posts
Posted on 7/18/20 at 9:01 am to
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 by remax_joe
Member since Sep 2015
353 posts
Posted on 7/18/20 at 9:01 am to
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 by notiger1997
Metairie
Member since May 2009
61828 posts
Posted on 7/18/20 at 9:02 am to
Is this even a real question?
New Orleans
Posted by Open Your Eyes
Member since Nov 2012
10669 posts
Posted on 7/18/20 at 9:03 am to
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 by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481269 posts
Posted on 7/18/20 at 9:05 am to
Nola and it's not close

BR isn't exactly a tourist city
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78727 posts
Posted on 7/18/20 at 9:06 am to
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 by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481269 posts
Posted on 7/18/20 at 9:06 am to
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 by touchdownjeebus
Member since Sep 2010
26842 posts
Posted on 7/18/20 at 9:06 am to
quote:

Can the same be said for Baton Rouge?


Baton Rouge is only interesting a few saturdays a year.
Posted by East Coast Band
Member since Nov 2010
67034 posts
Posted on 7/18/20 at 9:10 am to
Baton Rouge about to be affected by no football this fall
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53839 posts
Posted on 7/18/20 at 9:13 am to
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.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481269 posts
Posted on 7/18/20 at 9:13 am to
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
Posted by Breesus
Unplug
Member since Jan 2010
69549 posts
Posted on 7/18/20 at 9:15 am to
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 by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481269 posts
Posted on 7/18/20 at 9:19 am to
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 by notiger1997
Metairie
Member since May 2009
61828 posts
Posted on 7/18/20 at 9:20 am to
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.
Posted by BRIllini07
Baton Rouge, LA
Member since Feb 2015
3211 posts
Posted on 7/18/20 at 9:20 am to
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.
Posted by GentleJackJones
Member since Mar 2019
5282 posts
Posted on 7/18/20 at 9:20 am to
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...
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