Frugal Son is loving New Orleans. He's also loving working in a school. He has a starter job at a bilingual school and is working on a fast track teacher certification. So, my newest plan is to help him buy a house, to take advantage of the low interest rates and still low-ish housing prices. Frugal Son is still young enough to take in a roommate to help pay the rent.
Am I crazy? Fave blogger Funny About Money has had many tales of woe concerning the house she bought with her son a number of years ago. Does anyone have tales of caution? Advice? Logistical issues?
One of Frugal Son's friends opines that New Orleans has a high culture to cost ratio. It also has a high beauty to cost ratio.
Frugal Son sent some links to available real estate. Even a teacher in New Orleans can have 12 foot ceilings, heart pine floors, and floor-to-ceiling windows. Some of the houses are doubles!
For some reason, I can no longer get the links on properly. So just google New Orleans architecture!
Are we crazy??