When COVID-19 began its spread across the United States in early 2020, New Orleans was already vulnerable. The city’s economy was tightly tethered to tourism, live events, and hospitality, with many of its workers earning low wages and living without access to quality healthcare. What followed was a sharp unraveling of jobs, of small businesses, […]
If you’ve ever walked through a New Orleans neighborhood and noticed a house tilting slightly or floors that feel uneven beneath your feet, you’re not imagining things. In fact, this phenomenon is so common that many locals hardly blink an eye. But why do so many houses in New Orleans sink or become unlevel—and is […]
Home builders in New Orleans are bracing for a fresh wave of cost increases following former President Donald Trump’s newly imposed tariffs on foreign goods. The tariffs, which target a wide range of building materials and home appliances, are expected to increase the cost of building a new home by an average of $9,200 nationwide, […]
By prioritizing corporate hotel profits over the economic survival of working- and middle-class homeowners, New Orleans politicians have made a catastrophic mistake. The city’s draconian short-term rental (STR) laws, once intended to curb corporate greed, have instead become an economic stranglehold on residents who rely on STR income to stay afloat in an increasingly unaffordable […]
Despite the intimidating high-interest rates currently impacting the mortgage market, there lies a promising investment opportunity in LouisianaÂ’s real estate landscape. Understanding the nuanced dynamics of this market can reveal why itÂ’s strategically wise to consider purchasing property now.
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