Taking It Easy In The Big Easy

Perhaps because New Orleans doesn't have an affluent tenant base, the housing market has been remarkable stable.

1 minute read

April 6, 2002, 11:00 AM PST

By Chris Steins @planetizen


...Without an increasing population or a particularly affluent tenant base, New Orleans is not one of the nation's leading multifamily markets. Nevertheless, the city managed to make it to the tenth spot in Reis's top 10 apartment markets for average asking rental growth in the fourth quarter of 2001...And, while much of "The Big Easy" has been taking it easy, with modest multifamily development levels and reliable rent growth, some submarkets seem to be swinging to the tunes of zydeco..."

Thanks to REIS Cast Newsletter Editor

Saturday, April 6, 2002 in REIS

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