Publications

- November 1, 2015: Vol. 2, Number 11

To read this full article you need to be subscribed to Real Assets Adviser

10 Years After: The durability of real estate is validated by the post-Katrina comeback of New Orleans

by Mike Consol

Nothing creates a sense of place more immediately than real estate. The structures we build are statements about a city’s history and cultural heritage, writ large. Think in terms of Athens, Istanbul, London, Paris, Rome, St. Petersburg and Venice, to name just a fistful.

Drive into the French Quarter of New Orleans, the heart of the celebrated city, and you are as close as you can come to a foreign experience while in a U.S. city (apologies to Miami). Coming like a fastball right behind NOLA’s distinct French and Spanish architecture is the city’s famed music, cuisine and multilingual dialect. Before the United States was even a country, people from France, Spain and West Africa were blended together into a Cajun/Creole gumbo that is New Orleans.

It is that allure that brought me to New Orleans for a recent trip, coincidentally timed with the 10th anniversary of Hurricane Katrina, the near Biblical-scale disaster during which the Gulf of Mexico and Lake Pontchar

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy