That isn't really what this article is saying, unless I mis-read it twice. The existing, long-term high-end market, it says, has been the second home club, but lately that one has been joined by a whole set of other buyers -- local families "trading up" and people selling homes in more expensive cities who have plenty of cash to spent on New Orleans expensive houses.
What the article doesn't tell us is who these people are.
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That isn't really what this article is saying, unless I mis-read it twice. The existing, long-term high-end market, it says, has been the second home club, but lately that one has been joined by a whole set of other buyers -- local families "trading up" and people selling homes in more expensive cities who have plenty of cash to spent on New Orleans expensive houses.
What the article doesn't tell us is who these people are.
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