- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Which city will be more economically devastated from COVID
Posted on 7/18/20 at 10:05 am to Open Your Eyes
Posted on 7/18/20 at 10:05 am to Open Your Eyes
quote:
Individuals. The people that are flocking to beaches by the 1000s every weekend right now. It’s not nearly the same thing as conventions and major sporting events, but it’s something.
My very small social media circle has frequently and consistently seen out of towners within driving distance making day trips or weekend trips to New Orleans throughout all of this. I’ve seen exactly 0 making trips to Baton Rouge.
But what percentage of tourism is that compared to 2019 numbers? Sure, you may get “1000s” of people going to NOLA for entertainment but if that is ~75% of pre-COVID numbers, that is a death blow to the New Orleans economy.
BR isn’t a tourist city so a decrease in tourism may hurt but it is not an economic killer like it is in New Orleans.
0
Posted on 7/18/20 at 10:07 am to remax_joe
It seems as though most of the people on this board have absolutely no idea what they are talking about when it comes to Baton Rouge. We have one of the most diverse economies in the state. Unless you think that government, education, healthcare, and downstream petrochemical are all going to collapse as economic drivers, I'm not sure I understand the logic behind positing that we will fare poorly relative to other economies.
Posted on 7/18/20 at 10:07 am to SuperSaint
quote:
Covid will be completely forgotten about and in 3 years tops NOLA will be having record number of tourist again year after year
We will still have to deal with economic recession resulting from COVID which will be around longer than the disease.
When this disease started in March, I was hopeful that we’d have a quick rebound after a very short shutdown. I’m not hopeful anymore.
Posted on 7/18/20 at 10:11 am to remax_joe
Most working people and most businesses have already left Baton Rouge for Livingston and Ascension parishes. Baton Rouge is going to be another wasteland like Detroit.
Posted on 7/18/20 at 10:12 am to remax_joe
Unfortunately, New Orleans is going to be in a world of hurt for some time, in my opinion.
The city didn't have a ton of job opportunities in the white collar sector to begin with. You now compound that with a workforce that was heavily dependent on service industry jobs, which are also now nonexistent and will be slow to come back. On top of a city government that is beyond inept and will likely need to raise taxes - again...I don't think it's going to be a pretty picture for the next few years.
The cherry on top is that you may have people whose companies allow them to start to work remotely and they stay on but move somewhere cheaper.
I do think that the suburbs of NOLA stand to actually benefit however, to some degree. Taxes are less, real estate is cheaper and at least you get some form of semi-functioning government.
Very curious to see if the incredible bubble of housing costs in areas like Lakeview and Mid-City finally burst.
The city didn't have a ton of job opportunities in the white collar sector to begin with. You now compound that with a workforce that was heavily dependent on service industry jobs, which are also now nonexistent and will be slow to come back. On top of a city government that is beyond inept and will likely need to raise taxes - again...I don't think it's going to be a pretty picture for the next few years.
The cherry on top is that you may have people whose companies allow them to start to work remotely and they stay on but move somewhere cheaper.
I do think that the suburbs of NOLA stand to actually benefit however, to some degree. Taxes are less, real estate is cheaper and at least you get some form of semi-functioning government.
Very curious to see if the incredible bubble of housing costs in areas like Lakeview and Mid-City finally burst.
Posted on 7/18/20 at 10:15 am to remax_joe
My gut tells me that Bogalusa is really in the crosshairs here.
Posted on 7/18/20 at 10:16 am to lootershooter
quote:
Most working people and most businesses have already left Baton Rouge for Livingston and Ascension parishes. Baton Rouge is going to be another wasteland like Detroit.
Weird, being Baton Rouge's GDP keeps going up
Posted on 7/18/20 at 10:17 am to Joshjrn
You know better than to say anything positive about BR on this board. All that's left here is LSU
Posted on 7/18/20 at 10:18 am to lootershooter
quote:
Most working people and most businesses have already left Baton Rouge for Livingston and Ascension parishes. Baton Rouge is going to be another wasteland like Detroit.
BR is a shitty city but y’all need to learn the dynamics of metropolitan based economics. Money flows between three parishes (and WBR) as part of a single system.
Posted on 7/18/20 at 10:20 am to fallguy_1978
quote:
You know better than to say anything positive about BR on this board. All that's left here is LSU
I know, frick me, right?
Posted on 7/18/20 at 10:33 am to remax_joe
The links are posted for the BLS data of Baton Rouge and New Orleans.
New Orleans is faring worse.
New Orleans
Baton Rouge
New Orleans is faring worse.
New Orleans
Baton Rouge
This post was edited on 7/18/20 at 10:37 am
Posted on 7/18/20 at 10:34 am to remax_joe
New Orleans and it’s not even close......
BR has LSU........
BR has LSU........
Posted on 7/18/20 at 10:48 am to dukke v
quote:
New Orleans and it’s not even close......
BR has LSU........
We do, and LSU is a big deal, but it's not near the percentage of the economy that people generally believe that it is. For example, citing to OleWar's links, all education and healthcare *combined* is 13% of the economy. Government is 20% by itself.
Like I said before, Baton Rouge has a diverse economy, and for Louisiana, it's incredibly diverse.
This post was edited on 7/18/20 at 10:49 am
Posted on 7/18/20 at 7:57 pm to SlowFlowPro
quote:Dude I don’t give a dog shite about covid today in July 2020 if I had the money I’d go anywhere. No way people are holding out for five years.
in 2025?
Posted on 7/18/20 at 8:00 pm to remax_joe
Since the restaurant and tourism businesses have crashed, I would say undoubtedly New Orleans.
Posted on 7/18/20 at 8:04 pm to remax_joe
quote:
Baton Rouge or New Orleans?
New Orleans by far. Their tourism and hospitality industry are fricked
Baton Rouge has government and petrochemical to fall back on. Both are relatively stable compared to other industries
Posted on 7/18/20 at 8:08 pm to remax_joe
No LSU football would annihilate BR
But just based on the overall level of devastation the answer is easily Nola
But just based on the overall level of devastation the answer is easily Nola
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News