August 26, 2015
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4:54Now Playing10 years after hurricane katrina, New Orleans is booming. Tourism and development are on the rise. New residents are moving in and opening up businesses. The city looks like a success story, but it’s not all good. Before Katrina, it was possible to find affordable rent. Afterward, New Orleans lost 140,000 black residents and thousands of rental units. Income levels are falling while housing prices are skyrocketing. It’s now among the worst U.S. cities for renters. We went there to ask: Is it being rebuilt, or just gentrified?
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