New Orleans Gentrification
Last week, City Council members voted unanimously to limit short-term rental licenses to owner-occupied properties
The neighborhood is "full of cultural surprises," according to its writeup.
‘Undesign the Redline’ explores the many ways that redlining continues to impact communities of color.
A new report by the City Planning Commission recommends banning whole-home rentals.
They’re part of Propeller’s South Broad Business Initiative, which seeks to close the income gap between white-owned businesses and those owned by people of color.
Licensees could only rent out rooms in houses where they actually live
Check out the fairytale-esque backyard
Residents voice neighborhood concerns at City Hall before October 6 vote
Ahead of the Oct. 6 City Council vote on short-term rental regulations, Airbnb has released a video and radio ad campaign highlighting New Orleans’ "host community." The ad says 71 percent of NOLA hosts use Airbnb to help pay their rent or mortgages.
The Housing Authority of New Orleans released a plan to combat segregation and gentrification in New Orleans, which have both become exacerbated in the 11 years since Hurricane Katrina. The plan also includes stats on segregation and gentrification.
Apartment List released a study illustrating how the housing market has changed since the recession. Around the country homeownership rates are low even though the costs of homeownership have gone down. As more are renting, rents have increased.
After a lengthy meeting yesterday, the City Planning Commission voted to recommend a ban on year-round, whole-home short-term rentals, but voted to legalize owner-occupied short-term rentals and whole-home STRs rented out for 30 days out of the year.
It’s a packed house today at the long-awaited meeting where the City Planning Commission is expected to vote on a set of regulations regarding short-term rentals in New Orleans. Four hours into the meeting, though, and opponents are still speaking.
The City Planning Commission is finally voting on the latest set of short-term rental regulations today. Just in time for that, Airbnb released a rosy report saying whole-home rentals account for less than two percent of New Orleans housing stock.
Weighing metrics including median home purchase price, remodeling costs, and housing market health, personal finance site WalletHub ranks New Orleans as the No. 8 city for flipping houses. It also ranks No. 1 for house-flipping market potential.
Part of the new set of proposed regulations regarding short-term rentals includes density caps that would restrict the amount of whole-home rentals in neighborhoods. According to The Advocate, this could include up to 15,000 homes, or 8% of housing.
Will this issue ever be resolved? The City Planning Commission was all set to vote today on a revised proposal on what to do with short-term rentals in New Orleans, but that vote has been delayed. The commission will still take up the issue today.
Off-street parking is a rare commodity in most New Orleans neighborhoods. But among the new proposals on short-term rentals set to go before the City Planning Commission tomorrow, there is a requirement that these rentals include off-street parking.