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Started By
Message
re: Why doesn’t New Orleans do more to attract middle-class home buyers?
Posted on 4/26/18 at 11:57 am to TSmith
Posted on 4/26/18 at 11:57 am to TSmith
quote:
I really don't understand why this simple idea fuels so much debate on here.
Social conservatives tend to have a strong disgust response and struggle with openness and seeing things from other's perspective.
0
Posted on 4/26/18 at 11:58 am to tigercross
What the metro area needs is more white collar jobs. For every DXC or GE success, there seems to be a Shell or Smoothie King fail. Net zero on white collar.
Posted on 4/26/18 at 12:00 pm to TDcline
Because the specific politicians and Old Money Mafia who currently run New Orleans would be cut off from any power by middle class voters looking out for their interests.
Much better for them to cater to government dependents and the self indulgent, guilt-addicted wealthy.
It has been a city in relative decline for over 150 years, but the last 30 have been a quick spiral.
Had a chance to turn it all around after Katrina, with massive amounts of federal infrastructure investment and a new chance to attract corporations. Pissed it all away.
It isn't changing and shows no remote hope of changing in any foreseeable future.
Starting to look West, myself.
Feel like all I'm doing by staying here is throwing my child into quicksand.
Much better for them to cater to government dependents and the self indulgent, guilt-addicted wealthy.
It has been a city in relative decline for over 150 years, but the last 30 have been a quick spiral.
Had a chance to turn it all around after Katrina, with massive amounts of federal infrastructure investment and a new chance to attract corporations. Pissed it all away.
It isn't changing and shows no remote hope of changing in any foreseeable future.
Starting to look West, myself.
Feel like all I'm doing by staying here is throwing my child into quicksand.
Posted on 4/26/18 at 12:04 pm to Placebeaux
quote:
NOLA is on the path to Detroit
A lot of southern cities are on this path. Baton Rouge, NOLA, Birmingham, Little Rock, Memphis, Montgomery. Jackson is already there. The shittiest parts of our society breed the most. Thanks LBJ
Posted on 4/26/18 at 12:05 pm to Draconian Sanctions
can't handle the truth?
Posted on 4/26/18 at 12:13 pm to tigercross
quote:
The demand definitely exists. According to Redfin, 106 3 bedroom homes have sold in Orleans Parish for at least $400k in the past 3 months. 55 of them went for over $500k.
The people that are moving here:
1. Are white;
2. Want to live in the city (tough concept for some of you);
3. In their 30s to 40s;
4. Highly educated;
5. Have money;
6. Are not from LA.
I would love to see the percentages of all cash sales for those homes sold in the last 90 days.
Posted on 4/26/18 at 12:17 pm to TDcline
While there have been an influx of more middle class moving into cities, cities in general are mostly populated with two classes, upper and lower class. It's not just New Orleans..
Portland might have a lot of middle class, but I would rather live in Beirut that Portland.
Portland might have a lot of middle class, but I would rather live in Beirut that Portland.
Posted on 4/26/18 at 12:21 pm to OweO
Why? Because of politics? I’m as conservative as they come but Portland is beautiful, scenic, tons to do, close to the mountains and ocean, great beaches, great schools, educated populace, almost no culcha, and would be a great place to live
Posted on 4/26/18 at 12:22 pm to Lakeboy7
exactly
The demand is obviously there because prices increase is directly correlated to the demand. I don't see why having young white people moving into the city is a problem. The middle class exists, but it is small or most live in Mandeville which is too far away to be considered New Orleans.
The biggest point people are failing to mention is the geography of New Orleans. It is not a city where suburbs can just be added on alongside the city. They are across lakes and swamps.
The East is too far gone to be fixed, but that damage was done long ago.
You can't compare a city like New Orleans to a city like Houston. It is not geographically the same and never will be.
The demand is obviously there because prices increase is directly correlated to the demand. I don't see why having young white people moving into the city is a problem. The middle class exists, but it is small or most live in Mandeville which is too far away to be considered New Orleans.
The biggest point people are failing to mention is the geography of New Orleans. It is not a city where suburbs can just be added on alongside the city. They are across lakes and swamps.
The East is too far gone to be fixed, but that damage was done long ago.
You can't compare a city like New Orleans to a city like Houston. It is not geographically the same and never will be.
Posted on 4/26/18 at 12:23 pm to TDcline
quote:
Why? Because of politics? I’m as conservative as they come but Portland is beautiful, scenic, tons to do, close to the mountains and ocean, great beaches, great schools, educated populace, almost no culcha, and would be a great place to live
Drive a few miles outside of Portland and it's as conservative as Livingston Parish.
Posted on 4/26/18 at 12:26 pm to TDcline
quote:
I’m as conservative as they come but Portland is beautiful, scenic, tons to do, close to the mountains and ocean, great beaches, great schools, educated populace, almost no culcha, and would be a great place to live
Which Portland are we talking about here? Because you just described both of them.
Posted on 4/26/18 at 12:28 pm to AbitaFan08
Portland, Maine is awesome too. Really underrated
ETA: but only in the summer. Screw going there in the winter.
ETA: but only in the summer. Screw going there in the winter.
This post was edited on 4/26/18 at 12:29 pm
Posted on 4/26/18 at 12:29 pm to TDcline
quote:
Texas attracted companies who were tired of red tape bullshite, which lead to jobs, which lead to population growth in all of their major cities.
Again, Louisiana and New Orleans has done nothing to attract that.
It's not like they haven't tried, but the problem that NOLA and the State have is greed.....the unrestrained type. In Texas they wait until the "bank" is up and running and has depositors before they try to rob it. In Louisiana they try to rob it before it even opens up
Posted on 4/26/18 at 12:30 pm to TH03
quote:
Boston and Philly are racist and trashy.
Not much experience with Philadelphia, and no argument that Boston has racist tendencies.
What about Boston is "trashy" in your opinion?
Posted on 4/26/18 at 12:31 pm to Salmon
quote:
Right now New Orleans has no demand to justify the housing market.
obviously this is false
Yeah I’m not sure what to make of that comment. Clearly there are transactions supporting these prices.
It’s why I moved from the city when I was done renting.
Which I guess is the answer, middle class families live in suburbs. I can’t imagin that is too abnormal.
Posted on 4/26/18 at 12:43 pm to TDcline
Not going to read all six pages of this thread but the prevalence of Airbnb/short-term rentals in places like uptown has reduced housing supply, which has resulted in inflated prices. Condo supply is increasing but housing supply is basically fixed as the city is nearly 100% developed and surrounded by water so its not like developers can just build a new subdivision. There are laws protecting historic structures so demolition isn't an option either. If no laws change, I think the current pricing is here to stay as long as tourism remains strong.
This sucks but it is the truth. There is a middle-class but most have been pushed out to Lakeview, Gentilly, Mid-City, Jefferson Parish, etc.
This sucks but it is the truth. There is a middle-class but most have been pushed out to Lakeview, Gentilly, Mid-City, Jefferson Parish, etc.
This post was edited on 4/26/18 at 12:45 pm
Posted on 4/26/18 at 12:48 pm to TDcline
quote:
TDcline
Hey look! TDcline is starting another "shite on Louisiana" thread!
Seriously dude. Move out of your parents house and GTFO out of our state.
Posted on 4/26/18 at 12:49 pm to TDcline
Most wealthy people in NOLA have inherited their money and are mostly idiots, electing people such as Mitch Landrieu. New Orleans doesn't want to attract middle class because they want the white guilt rich voters and the idiot system voters to keep electing absolute morons such as Mitch Landrieu. New Orleans will never change, will never get better. If you want to live there, you better expect that or you will be disappointed.
Posted on 4/26/18 at 12:49 pm to Houma Sapien
quote:
Houma Sapien
He mad.
Posted on 4/26/18 at 12:56 pm to 50_Tiger
100% agree with this It's as if the residents have the Caribbean mentality of "ya mon, tomorrow I get to it"
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