Even as the economy shows deeper signs of strain, with tariffs driving up Cost of living in Louisiana and recession warnings flashing from economists across the country, working people are trapped in a system that has been failing them for years. The instability of 2025 has only pulled back the curtain further, exposing a reality […]
The ongoing insurance crisis is profoundly reshaping New Orleans neighborhoods, exacerbating housing instability, deepening inequality, and threatening the city’s cultural fabric. A Housing Market in Freefall Homeowners insurance premiums in Louisiana have surged dramatically, with the statewide average reaching $4,031 in 2024, significantly above the national average. However, for many residents in New Orleans and […]
Louisiana residents are accustomed to weathering storms, but in recent years, it’s not hurricanes that have posed the greatest threat—it’s insurance. The Louisiana insurance crisis has led to rapidly rising premiums for home and auto insurance, squeezing the middle class across the state and impacting housing security, financial stability, and economic resilience. The current crisis […]
New Orleans is facing a slow-moving disaster—one not caused by hurricanes or levee breaches, but by skyrocketing insurance premiums. The state’s broken property insurance market is driving homeowners to the brink, pushing renters out of neighborhoods they’ve lived in for generations, and shrinking the city’s population in real time. Behind it all: a perfect storm […]
This wave of speculative purchasing is reshaping the city’s landscape and pushing long-time residents out of the neighborhoods they’ve called home for generations. The Rise of Investor-Driven Real Estate A significant share of New Orleans real estate transactions now involve buyers from out of state or overseas. According to recent national studies, foreign buyers invested […]
Every few years, New Orleans and the surrounding areas brace for another storm season, knowing all too well the damage that hurricanes can bring. While some residents have grown indifferent, shrugging off concerns with the belief that “we’ve been through this before,” there are a couple of reasons that this year—more than ever—should give everyone […]
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