Crisis of Dispossession: How White Capital and Policy Have Intensified Post-Katrina Housing Precarity

Crisis of Dispossession: How White Capital and Policy Have Intensified Post-Katrina Housing Precarity

In 2019 there seems no end in sight to the movement of unhinged capital into New Orleans real estate. While every city struggles with the racialized displacement of poor people and precarious renters due to outside development, the legacy of redlining, the failure of the federal levees after Hurricane Katrina, and the predatory re-development of the city in the flood’s wake have led to a crisis of displacement, eviction and whitening of New Orleans. City and State housing policies (and lack thereof) have led to the complete commodification of housing— one which favors landlords, speculator investment and backdoor subsidizing of lucrative subleasing schemes. And finally, with the additional element of AirBnB and whole-home short-term rentals (STRs) being introduced in the last half decade, this process has truly gone off the rails. But this is not going unopposed; many are working to expose the eviction crisis, close off AirBnB futures and strategize on how to crash the housing bubble. Additionally, there are ways anyone can participate in the fight to take back homes and land from the market and return them to people.

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