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1
Posted on 8/19/16 at 12:16 am to Halftrack
Paid $69,000 for a 1 BR Condo in BTR 1 month before Katrina. Sold it 6 months later for $105,000.
Property values are going to skyrocket... At least in the short term.
Property values are going to skyrocket... At least in the short term.
Posted on 8/19/16 at 12:18 am to Halftrack
quote:
EBR >>> AP >>>> LP
Now is time to Carpet bag the racists and steal their 7/16 $200k home for $50k.
By the time you have it stripped and refabbed, their racism will flock them back to their "good schools"
Posted on 8/19/16 at 12:19 am to SG_Geaux
(no message)
Posted on 8/19/16 at 12:20 am to Kujo
'Good schools' = 'gone schools'
'Cheap houses' = 'flooded houses' = lower prices = minorities = bad schools
'Cheap houses' = 'flooded houses' = lower prices = minorities = bad schools
Posted on 8/19/16 at 12:23 am to SG_Geaux
quote:
Paid $69,000 for a 1 BR Condo in BTR 1 month before Katrina. Sold it 6 months later for $105,000.
$40k is just $200 more/month, doable
But expecting a 50% increase 200->300, is a $500 more/month on people who already maxed their purchasing power $1000 note+PMI
That being said, GOUGE the frick out of any LP'er....they deserve it for making BTR the way it became after their kind left in the 80's-90's
Posted on 8/19/16 at 12:24 am to zacata88
quote:
If Katrina is any sign, BR will be filled with out of state hipsters by 2019.
They have my blessing to gentrify NBR
I'd imagine if the buyers do not have to pay thousands in flood insurance each year it can be a selling point. May even add value. I sure as hell appreciate my $400/year flood insurance right now.
Posted on 8/19/16 at 12:25 am to Kujo
Stick a fork in it, LP is done. Even if they rebuild, they gotta tax the frick out of it to rebuild the schools.
EBR strong you LP turncoats.
EBR strong you LP turncoats.
Posted on 8/19/16 at 12:27 am to Halftrack
quote:
'Cheap houses' = 'flooded houses' = lower prices = minorities = bad schools
and there is your error
Minorities CAN NOT move.
Even if a 200k house goes for 50K needing 60k in work....Cash strapped people Can Not pay for the work to be done.
Anyone who can leverage their sound finances can easily demo and rehab a cookie cutter LP home. Rip all the drywall down, air that shite out, then hammer on some drywall at $13/32sqft....pergo,prime,paint....relist
Posted on 8/19/16 at 12:33 am to mpar98
My cousins house in Uptown New Orleans pre-Katrina was around $145,000. After Katrina (It didn't flood) it was over $650,000. Their neighbors all had similar stories but my cousin (why I do not know) never has sold.
Posted on 8/19/16 at 12:44 am to Halftrack
RA'd for racist, and everyone is tired of your shite.
Posted on 8/19/16 at 12:50 am to BayouBengals18
So, you speak for everyone now?
Perhaps you are just mad that I am black, and am happy that there is an an opportunity for my people to move into YOUR racist enclave?
It's time to integrate everywhere. I am not the racist buddy, you are.
Perhaps you are just mad that I am black, and am happy that there is an an opportunity for my people to move into YOUR racist enclave?
It's time to integrate everywhere. I am not the racist buddy, you are.
Posted on 8/19/16 at 12:54 am to Halftrack
Obligatory I'm not racist, I have black friends.
Let people live where they want. People of similar culture live in groups across the globe. It's a comfort thing.
Let people live where they want. People of similar culture live in groups across the globe. It's a comfort thing.
Posted on 8/19/16 at 12:57 am to BayouBengals18
quote:
Obligatory I'm not racist, I have black friends.
That's what white people say to make it better. Racism is why who're people moved to LP.
This flood will integrate LP and you are mad about it. I think it's good.
Posted on 8/19/16 at 1:00 am to Halftrack
Whatever you say bud.
Posted on 8/19/16 at 1:08 am to BayouBengals18
Look, i work too and have kids.
All you white people run from us black people because you are afraid. Then the flood comes.
We want reasonable good non-violent schools too.
You might not like me, but I'd like to move from Villa Del Ray and give my kids a decent chance.
So, I am coming and so are my friends. HUD has offered us good loan terms and houses are reasonable. This is a good chance for us. We are not criminals and want a good life too.
Hope you can accept that.
All you white people run from us black people because you are afraid. Then the flood comes.
We want reasonable good non-violent schools too.
You might not like me, but I'd like to move from Villa Del Ray and give my kids a decent chance.
So, I am coming and so are my friends. HUD has offered us good loan terms and houses are reasonable. This is a good chance for us. We are not criminals and want a good life too.
Hope you can accept that.
Posted on 8/19/16 at 2:20 am to Halftrack
Call your Tax Assessor....he will love to let you pay taxes on your perceived bump 
Posted on 8/19/16 at 2:55 am to mpar98
After Katrina both the real estate commission and the AG - went after h/o who inflated the price of the house. Remember if you sale high and unless you are moving out of the area you are buying high somewhere else.
It's easy to see in the Mls of listing price and its history- if you are working with a realtor
It's easy to see in the Mls of listing price and its history- if you are working with a realtor
Posted on 8/19/16 at 3:19 am to jmarto1
quote:I'm sure it was a selling point to a lot of the houses that just flooded and weren't in a flood zone. If it's in Louisiana it will eventually flood. I'll never own nor recommend anyone else buy a house and not get flood insurance. Next month it may be your neighborhood that gets hit by the 500-1000 year flood. My house should be good for another millennium.
if the buyers do not have to pay thousands in flood insurance each year it can be a selling point.
This post was edited on 8/19/16 at 3:20 am
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