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Thursday, May 15, 2008

"Rents are stabilizing"

Meaning, in fact, that they are remaining too damn high for the forseeable future.

The reason that the problem of affordable rentals in New Orleans is little more than a secondary or invisible issue in the local media is that the people driving the discussion there tend to view renters as secondary or invisible people. Sure the cost of living is up. But if you want your complaints to count for something, you'd better make sure you've made the "lifestyle choice" to become a property owner... otherwise the Stacy Heads of the world aren't listening.

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