[FReepaholic]

Not much chance of the real estate "bubble" bursting there for awhile.

[gondramB]

Yep, I was talking to an investor this week whose family is from Baton Rouge- he said that it's not just people but busineesses that are asking "if I have to move why not move permanantly?" He said his property value is way up in a couple of weeks.

[rineaux]

my friend just bought a piece of commercial property to run his business out of.

Everyone is complaining about traffic there. Traffic was horrible before the evacuee's came so I can only imagine what it is now.

no seat on public busing must suck too.

[Max Flatow]

My wife and I were in BR the beginning of August for a vacation. We spent two days there. We found the city very nice. Great restaurants, a lot of things to see, and easy to get around. The fish at Parrain's was excellent. The view from the Old State Capital was magnificent. In fact, the drive down I-55 from Memphis through Mississippi was very enjoyable, too.

I bet it surely looks different today.

[Mr. Bird]

This is an interesting economic petri dish, and I say that without any disrespect to those affected by Katrina.

If you move a fully functioning labor force from one locale to another (and it does not cause untenable physical conditions), what happens?

[nj_pilot]

Sounds like "Price Gouging!" Somebody better pass a law!

[Gunslingr3]

Not much chance of the real estate "bubble" bursting there for awhile.

Depends how far prices are out of whack with income in the region. The credit fueled nature of the bubble in other areas will have the wind taken out of it's sails by the Fed. When the supply of credit contracts demand will just intersect at a new, lower price.

[chemicalman]

I know my house would sell quickly if put in the market (NW od NO), but where would I go?

Have to get a trailer for the time being.

[Black Tooth]

Not much chance of the real estate "bubble" bursting there for awhile.

Or elsewhere for that matter.

On the radio today we heard Southern California realtor's are being contacted by some of the wealthier *insured* folks from those regions inquiring about homes in Cal.