Is gentrification happening in New Orleans?

[TNOT]

The property was on Lavender off Franklin ave.

I live in Gentilly

 

[WaveCapsByOscorp™]

No.
You can still live almost anywhere in New Orleans for fairly cheap.
Even the Lower Gardens District has rent below $2k.

Even white people would say gentrification is happening in NOLA and they’re part of the gentry class. Why do you think 2k$ housing is reasonable and why don’t you think gentrification is happening? Especially considering NOLA history and the original cost of living pre Katrina

 

[WaveCapsByOscorp™]

AirBNB is NOT the answer. It’s part of the problem here in NOLA. And flipping houses ain’t that easy. I’m in the process of buying a home in the 9th ward that, at the end of the day, will cost over 200k but I don’t imagine most New Orleanians nor non New Orleanians doing it either

@TNOT

While I appreciate your story, you can’t really think that it was that easy? If it was, there’d be no beat up houses around the City anymore.

 

[Poitier]

AirBNB is NOT the answer. It’s part of the problem here in NOLA.

Yeah, it really harms the locals, it was real bad when I lived in NYC, but unless your city bans it then you have to play the game because White folks definitely are.

 

[TNOT]

AirBNB is NOT the answer. It’s part of the problem here in NOLA. And flipping houses ain’t that easy. I’m in the process of buying a home in the 9th ward that, at the end of the day, will cost over 200k but I don’t imagine most New Orleanians nor non New Orleanians doing it either

@TNOT

While I appreciate your story, you can’t really think that it was that easy? If it was, there’d be no beat up houses around the City anymore.

First AirBnB got the city fukked up, I. Regards to zoning. We were set to buy a gutted 4 plex, but the city pumped the brakes, because they would only categorize the property as a 2 family not a 4.

That's a direct effect of air bnb, and the new city wide ordinances.


As far as it being easy, it's not difficult. I know that sounds funny, but a little leg work and you can find an investment property fairly easily

 

[WaveCapsByOscorp™]

As far as it being easy, it's not difficult. I know that sounds funny, but a little leg work and you can find an investment property fairly easily

So credit history/score, monthly income don’t matter? Loans and interest rates? Zoning for a particular house were the city enforced certain regulations to make sure you’re in line with historical codes. Not to mention, every house is different, one house has its own set of issues. That’s what I mean when I say you’re underselling the process saying “a little leg work”. You have to have more than a little work and search. Your financial situation must be in order. Finding a property “might” be easy, acquiring isn’t

 

[WaveCapsByOscorp™]

Yeah, it really harms the locals, it was real bad when I lived in NYC, but unless your city bans it then you have to play the game because White folks definitely are.

You don’t have to play the game. That’s what people will have you thinking, like you need to do the same thing they did. All these people playing, you think games intended for EVERYONE to win?

Honestly, I feel like it’s gonna backfire. They’re investing too much. They got all these Airbnb’s in my neighborhood but they building like two hotels in the neighborhood too. Not to mention the local economy on top of all that. Like someone mentioned earlier, service industry accounts for close to half the city’s income but service workers can’t survive on the standard level of income in a city that rent rates have doubled in under 10 years. 2016 also saw the first time ever where NOLA had more people migrating out of the city to live than in.

The local economy isn’t keeping up with the cost of living. Honestly, if I wasn’t on tour like I am, I doubt I’d be able to be a musician (and that be my only job) and live here yet musical culture is the supreme selling point of New Orleans. And it’s not like I’m playing with rinky dink acts either (which is probably why I can afford what I have), I’ve been with established bands that have history and legacy here and I still have to travel to make ends meet.

Fortunately though, playing music is the only thing I have to do. It wouldn’t be too fun to have to do another job and still be a musician.

 

[Take It In Blood]

Gentrification is hitting every hot city. The burbs will be the new hood.

I'm always super conflicted when it comes to these gentrification topics


Maybe it's because I'm ignorant on the subject and don't know enough.


But the response are usually always on some "man they're making these terrible neighborhoods safe"

and I'm like that's a bad thing?
Then someone comes in and says man they're kicking all the black people out, taking their homes, raising prices on everything and then I'm like damn....true thats pretty messed up. Capitalism is a b1tch indeed


But then I'm confused as to why any place the majority of black people resides into has to automatically be a "hood" like how you just described in your post.....dafuq bruh.




That's pretty much all I got so far, there's no real conclusion to this post or my thoughts, I'm just reading and watching

 

[Biscayne]

We all know its happening in Atlanta and New York. Is it happening to another "chocolate city" in America?

I never see anyone talk about it..just curious. I know they transformed most of the projects after the storm into apartments, but are the original residents available to afford to stay there? They tore down the projects in Atlanta and turned them into expensive ass apartments...only a few residents were grandfathered in and were able to keep low rent.

Did cacs come down there and buy up the land after Katrina and drive up the prices on everything?

Had no idea that could happen...

 

[kovi]

I'm always super conflicted when it comes to these gentrification topics


Maybe it's because I'm ignorant on the subject and don't know enough.


But the response are usually always on some "man they're making these terrible neighborhoods safe"

and I'm like that's a bad thing?
Then someone comes in and says man they're kicking all the black people out, taking their homes, raising prices on everything and then I'm like damn....true thats pretty messed up. Capitalism is a b1tch indeed


But then I'm confused as to why any place the majority of black people resides into has to automatically be a "hood" like how you just described in your post.....dafuq bruh.




That's pretty much all I got so far, there's no real conclusion to this post or my thoughts, I'm just reading and watching

Most blacks don’t have much going for them so where they reside en masse, poverty is concentrated and fukkery ensues. Even middle class nikkas ain’t doing much since they don’t bother investing. What should’ve been ours a long time ago is now a boon for yuppies and people with means.

 

[etrofllenrod504]

Yup. Never thought I would go to my old hood(7th ward Turo & St. Claude) and see so many white folks done bought shotgun homes in the area. They done renovated them living there and all they hippy glory. shyt kinda surreal, cause when I was younger you didn't wanna get caught in them streets at night. The street car lines and all have been extended to accommodate the area now.

 

[Freedman]

For the brehs in the Tech Field there is this company DXC Company opening an office in the city in the next couple of years. It's supposed to be a big deal a lot of jobs and all that may be a good opportunity and it's pretty cheap down here

Tech company to bring 2,000 jobs to New Orleans


5 things to know about DXC Technology, a new tech company coming to New Orleans

 

[Easy-E]

Then someone comes in and says man they're kicking all the black people out, taking their homes, raising prices on everything and then I'm like damn....true thats pretty messed up. Capitalism is a b1tch indeed

No, it's not simple, either

A lot of these places also had to deal with the gov't ignoring the issues to cause these places to become hoods



Check this out

Gov't don't wanna make a place better until capitalism jacks the prices up and price the people (Black folk) all the way out

 

[staticshock]

Had no idea that could happen...

I’ll give you an example.
Centennial Place apartments in Atlanta used to be the Techwood Projects which was the first housing project in the country.

I have family who live there and they tell me rent is cheap and I should move there.

I go to the leasing office thinking they about to tell me a one bedroom would be around $700-800 cause even though it’s downtown, it’s still the old projects. They told me a one bedroom is $1115

I told them “I thought this was a affordable income neighborhood” & they said not anymore. Now only Georgia Tech students & folks who work at the Coca Cola headquarters are moving in.

Folks who been there before the change took place can stay but I think even they are getting pushed out.

 

[Easy-E]

The property was on Lavender off Franklin ave.

I live in Gentilly

Lemme guess, your zip code may be 70810

The 50 richest places in Louisiana, by ZIP code

Amongst the richest areas in the whole state

2. 70112: French Quarter/CBD, New Orleans (Orleans Parish)

• $121,613: Average 2014 reported total income.

Brother, I'm glad you doing well for yourself

But, let us poor folk Tryta figure something out, we don't have the money and means to buy an extra house