2006-06-13 16:46:31 · 7 answers · asked by Dianne W 1 in Business & Finance ➔ Investing
It's a cost benefit analysis--is the New Orleans real estate valuable enough to warrant building up the levees so that they can withstand a powerful class 5 hurricane (not a class 3 hurricane as originally designed)? If not, I wouldn't want to build there are live there.
2006-06-14 00:24:48 · answer #1 · answered by NotEasilyFooled 5 · 0⤊ 0⤋
Absolutely not - another disaster just waiting to happen. The properties there should be boughtby Louisiana or the feds and rebuit elsewhere above sea level. Then, as public property, it could be put to other, safer use.
2006-06-13 23:59:53 · answer #2 · answered by Piggiepants 7 · 0⤊ 0⤋
I think it is a total waste to rebuild. How is building below sea level a good idea?
2006-06-13 23:50:31 · answer #3 · answered by codemonkey812 2 · 0⤊ 0⤋
It was not wise to leave England in a boat to travel to California.
It was not wise to buy Alaska from Russia.
It was not wise to free the slaves.
2006-06-14 04:06:32 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Me personally thinks that is a very bad idea, why coninue to live in that fear there's many more places nice and dry in AMERCIA to live so why even go there....ya know common sense should take over this situation easily
2006-06-13 23:52:20 · answer #5 · answered by jus_wondirn 1 · 0⤊ 0⤋
No! I Wouldn't want to live a sink hole!
2006-06-13 23:50:57 · answer #6 · answered by classic_tigger 5 · 0⤊ 0⤋
Only if you own property there now.
2006-06-13 23:55:53 · answer #7 · answered by J M 1 · 0⤊ 0⤋