moochman wrote:Gotta love it.
Our government will spend $millions of tax dollars to rebuild a sports stadium to help the people of New Orleans, all the while thousands are losing their property because they cannot afford to pay for the rebuilding/repairing of their homes.
It's a win-win. The city gets tax dollars, rids itself of lower income populations and land developers/real estate tycoons make a killing. Brilliant! Oh, and the rich bastage that wants to leave town won't have to pay a dime.
There was an interesting editorial on this on NPR yesterday. About how the complexion of the city has changed given the fact that property values of non-damaged property are heavily inflated -- so poor folks can't buy houses, FEMA trailers have been resisted because there is a worry that temporary trailer homes will turn into long-term housing solutions. So basically, the poor have not come back to the city.
It will be interesting to see what a rebuilt New Orleans looks like in 10 years. Could be, from a cultural perspective, a very different city than it once was.