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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (249951)	9/6/2005 9:45:34 PM
From: tejek	Read Replies (1) \| Respond to of 1576321

"There was mold in every house in NO before the hurricane." Not entirely true. Air conditioners work wonders. Note I said toxic mold. Getting rid of that is a very involved process. You can't even get insurance here any more that covers mold remediation. If those houses sold for $750k, it might make sense to do what you say. I can pretty much guarantee that the affected houses wouldn't have sold for $750k. The median cost of a house in New Orleans was $75,800. census.gov; Actually the median price of a house in NO was almost twice that figure........it was $140K as of February, 2005. That's still not huge but it suggests there are homes at least at the 300K level. The videos of last week have shown a lot of the housing stock in NO.......now true, people may be calling a neighborhood NO when in fact, its really Kenner but what I've seen is not that bad. Beverly Hills its not but its still solid. money.cnn.com As for molds, its very likely the laws have changed since I've done restoration work but you have to remember that very few mold infestations are toxic. Its very likely doing the remedial work will not be all that difficult. However, cost will be a factor and kill a possible restoration. But finally, there is a point that can not be lost in this rebuilding process. NO's claim to fame is that its a historic city.......take that away from NO and NO is no different than Wichita, Kansas. I suspect New Orleanians will fight like hell to preserve the current housing stock of the city as much as feasible. ted