simrud
Posts: 23392
Alba Posts: 0
Joined: 10/13/2003
Member: #474 USA
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Corporations buying up land is the ONLY way New Orleans will recover.
The problem was there way before flooding. The problem was that were NO jobs in the area. No manufacturing, no service sector, the city survived by tourism. It was mostly a huge slum.
Corporations buying up land means they are going to build businesses there, which means jobs. Jobs for the same poor people who close to nothing and existed on government aid before this.
Businesses buying up land in order to develop is a good thing, end of story. If it took a flood to get to the point of where the government provided adequate tax incentives than be it. The city will be better off than it was for years once the redevelopment is on the way.
If the big bad corporations were not buying up land you would really have something to worry about, as in a ghost city.
A glimmer of hope maybe?!?
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