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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (40646)9/5/2005 5:55:57 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
They'll clean it up, but the real question is what kind of flood protection will be instituted after wards? Due to coastal wetland depletion, the city as is will become increasingly vulnerable to tropical disturbances. All of the proposed remediations are expensive. The port is probably necessary (though other arrangements for a port upriver could be made), and the oil/gas infrastructure is necessary (though it's clear that maybe the 3 refineries in St. Bernard parish don't make sense, maybe they need to be rebuilt further upriver. Do we (the US) really want or need 1.3 million people living in the Greater NO area? Or would a smaller plan with a more concentrated flood protection scheme centered around the old French quarter and downtown areas make more sense? I don't know, but I do know these issues will be hotly debated and studied over the coming months....
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