The repeated risk of hurricanes will always reduce the property values in the southeastern states. Even Florida is cheaper compared to the expensive regions on the west coast.
Here, we are consistently subjected to tornadoes and thunderstorms. That’s one of the many reasons why most people are repelled by the thought of living here, leading to the prices being modest.
“There are no atheists in foxholes, eh?”-Keith Jennings from the Omen.

But this is Louisiana. Property should be cheaper especially because of hurricanes.
ᴳᵒ ᶠᵘᶜᵏ ʸᵒᵘʳˢᵉˡᶠ

$160,000 is still pretty inexpensive. Around here, a typical house of the same quality would sell for somewhere around $260,000-270,000. St. Louis isn’t regarded as Bel Air in terms of the cost of living either.
“There are no atheists in foxholes, eh?”-Keith Jennings from the Omen.

My childhood home was like 40k, but today's market has it listed at like 185k.
https://www.zillow.com/homedetails/42180-Perkins-Nickens-Rd-Hammond-LA-70403/77735134_zpid/
ᴳᵒ ᶠᵘᶜᵏ ʸᵒᵘʳˢᵉˡᶠ

I'd settle for half that!
You asked a pretty question; I've given you the ugly answer.
Fasten Your Seatbelts….
It's Going To Be A Bumpy Night!

That's what my father paid for my childhood home and now it's worth over 1 million.

Glad we got our house LONG before 2016.
We paid $33,000.00, and now???
It's all paid for!
WE DON'T ALLOW NO SHIT AROUND HERE!!!
You asked a pretty question; I've given you the ugly answer.
Fasten Your Seatbelts….
It's Going To Be A Bumpy Night!

The last bubble or recession didn't do **** to my family. We've always been on the comfortable side of poor. Lower middle class, maybe? Enough money not to struggle and fot crsature comforts, but not a whole lot of luxury.
ᴳᵒ ᶠᵘᶜᵏ ʸᵒᵘʳˢᵉˡᶠ

Housing market is in a bubble. It will all crash soon and we'll all be poor again.
My password is password