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re: Why does no one invest in NOLA East? Actually, why does no one invest in New Orleans?

Posted on 2/1/19 at 6:38 pm to
Posted by member12
Bob's Country Bunker
Member since May 2008
33146 posts
Posted on 2/1/19 at 6:38 pm to
New Orleans is a shite hole.

DC is prosperous.

We should move one of the government agencies in DC to New Orleans.
Posted by nola000
Lacombe, LA
Member since Dec 2014
13139 posts
Posted on 2/1/19 at 6:44 pm to
It's always confuse the shite out of me too but I'm going to go with this just based on gut.

People here are cheap.

No I mean, people here are really cheap. Places like Harbor Freight and Walmart do really well here yet the entire metro area doesn't have a single store that sells woodworking or metalworking equipment, unless you count PMC out in Hammond.

Also, all their money goes to interest payments, mortgage and bad money management. There's very little disposable income even though people make enough money to have it. People spend all the disposable income on partying, drinking and eating out. There's very little to support any high-end or specialized retail.
This post was edited on 2/1/19 at 6:45 pm
Posted by Smeg
Member since Aug 2018
15892 posts
Posted on 2/1/19 at 6:47 pm to
Because it's a shithole.
Posted by The Torch
DFW The Dub
Member since Aug 2014
30393 posts
Posted on 2/1/19 at 7:03 pm to
quote:

Why does no one invest in NOLA East


#1 No one can do business in NO without paying off the politicians, it's like a mafia.

#2 no one wants to live where you risk your life walking from parking to home/work.

#3 No one can do business in NO without paying off the politicians, it's like a mafia.
Posted by yaboidarrell
westbank
Member since Feb 2017
6503 posts
Posted on 2/1/19 at 7:13 pm to
quote:

htran90
Are you Vietnamese? If so, do they still have a Tet festival in Algiers?
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 2/1/19 at 7:13 pm to
The East just needs to split and incorporate themselves and join either St Bernard, St Tammany or Jefferson Parish.

It would save Orleans Parish a shite ton of momey.
Posted by WeeWee
Member since Aug 2012
45976 posts
Posted on 2/1/19 at 7:13 pm to
quote:

Why does no one invest in NOLA East? Actually, why does no one invest in New Orleans?



Culcha needs no investment.
Posted by Michael T. Tiger
Baton Rouge
Member since Jul 2004
8936 posts
Posted on 2/1/19 at 7:49 pm to
Google “New Orleans 2005,” or “New Orleans crime,” or “New Orleans corruption.”
Posted by yaboidarrell
westbank
Member since Feb 2017
6503 posts
Posted on 2/1/19 at 7:53 pm to
When is OP going to fix the tile and get rid of the second question?
Posted by cbree88
South Louisiana
Member since Feb 2010
10813 posts
Posted on 2/1/19 at 7:55 pm to
I know a couple of years ago a guy was looking at some potential investment properties in New Orleans East and he got shot and killed in broad daylight. It happened at like 10:30 in the morning.
Posted by dat yat
Chef Pass
Member since Jun 2011
5043 posts
Posted on 2/1/19 at 9:08 pm to
quote:

Brave or black, which is it?


The other night I went to the Walgreens on Bullard and noticed I wasnt the only white guy for once. As I walked by I overheard he was lost and asking security for directions to slidell. I just laughed.

NOLA east is a shithole except for Venetian Isles and the Dong Phong area
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79742 posts
Posted on 2/1/19 at 9:11 pm to
quote:

The East just needs to split and incorporate themselves and join either St Bernard, St Tammany or Jefferson Parish.



In the last year or two there was a movement from leaders in The East as a threat.

Absolutely no one tried to stop them from leaving.
Posted by The Levee
Bat Country
Member since Feb 2006
11789 posts
Posted on 2/1/19 at 10:28 pm to
New Orleans East is about 25% occupied. Maybe less.

If I were investing in storage or low income rent apartments....I would be all in.

Lotta land out there. All the way to bayou sauvage

I work in the area twice a week and have never felt threatened. There are good people out there.
This post was edited on 2/1/19 at 10:32 pm
Posted by The Levee
Bat Country
Member since Feb 2006
11789 posts
Posted on 2/1/19 at 10:29 pm to
The Dong Phuong area is little Vietnam

Which is fine. They are doing well out there.
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
21806 posts
Posted on 2/1/19 at 11:15 pm to
Those damn Statues.
Posted by East Coast Band
Member since Nov 2010
66984 posts
Posted on 2/1/19 at 11:20 pm to
quote:

From the mid to late 1970's, anything pass Downman Road east started going to shite very fast. That area before that time way east was country. Was a great area. My family had a lake front camp out there and sold out due to having it broke in and ripped apart many times.

I just did a street view of the street the ol relatives lived on. It doesn't look too bad. I figured it would have looked way more ghetto like. Not so. At least in the street view.

Disclaimer: I did a street view of some of the worst crime areas of Chicago, and they, too, did not look bad.
Posted by Havoc
Member since Nov 2015
39548 posts
Posted on 2/1/19 at 11:35 pm to
I knew of a business guy that did, bought and was fixing up residential and commercial rental property in NO East.

He was murdered by some thugs while out doing some stuff on the properties.

So, that should answer your fricking question.
Posted by deathinthedelta
Member since Oct 2014
363 posts
Posted on 2/1/19 at 11:39 pm to
Cause they value their life
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
38406 posts
Posted on 2/4/19 at 9:51 am to
quote:

Kiwi, did you go to lake castle?


I did not...well, I went to Summer Camp there one year between 6th and 7th grade. I had a lot of friends that went there though and I'm still friends with the Buteras.

I did however go to a school approximately 2.5 miles east of LC on Hayne until 7th grade
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