BP & Real Estate in Southeast Louisiana

By
Real Estate Broker/Owner with Frank Rubi Real Estate, LLC La Broker 09995688826

Here a story that has many here in Southeast Louisiana worry about our Real Estate future. In addition to the new tax's going into effect in 2013. In bayou country, many have nice home and school districts for their families. Many of these area are directly link to the oil industry. The Federal government has impose its will to shut down oil operation for the next several months. So what are these people to do. They are leaving and going work where they can find it. Some will leave the USA. What will happen to there property.

Click here to watch a recent new video on FOX 8.

 

Comments (6)

Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

Louisiana certainly does have it's share of problems with the high taxes (getting higher), hurricanes and now the oil issues.

Jul 22, 2010 05:06 AM
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Vickie, your so right to mention the Hurricanes. The only vacation I look forward to is going to the beach. Now I wonder how long if ever will I return. I am hopeful the smell will leave shortly.

Jul 22, 2010 05:14 AM
Lindsey Hasford
Edina Realty - Elk River, MN
Bringing you home...

It's such a bummer that your area has been hit so hard. The news certainly doesn't paint a positive picture on moving there right now. But, aside from hurricanes, taxes and oil... I'd love the weather!

Jul 22, 2010 05:42 AM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Man look what the cat dragged out, I mean the oil.  Frank we are a tough state we will be fine in the long run.

Jul 22, 2010 04:38 PM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Frank,

Remember the salt commercials that became a stand alone phrase for one bad thing after another happening, "When it rains, it pours"  ?

It seems that it's been for Louisiana lately.

Hope there's a brighter future ahead for you and your state.

Jul 23, 2010 03:45 PM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Frank,

My heart bleeds for what's happened again in your neck of the woods.  The government has also allowed fear to take over like a wildfire among fresh saplings...

Jul 23, 2010 05:45 PM