A recent article from HousingWire examines the impact of the 2016 Louisiana floods on the housing market of the city of Baton Rouge and surrounding areas.
The article notes that prior to the flooding, the supply of available housing in Louisiana’s capital city was already low.
Now, after thousands have been displaced from their homes due to the unexpected flooding, that market is experiencing even more demand. The market is not only being swamped by home buyers, but also renters, all seeking temporary refuge from home displacement.