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EP 18: Greater New Orleans Real Estate Market in August 2024 with Stephen Keighery & Braden Smith

The Strategic Success Podcast

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Insurance Challenges in Post-Hurricane Louisiana

This chapter explores the insurance difficulties faced by homeowners in Louisiana following Hurricane Ida, noting a significant reduction in available carriers and soaring premiums. The speakers share personal stories and discuss the broader implications of these costs on housing affordability, particularly for vulnerable populations like seniors. Additionally, they emphasize the importance of robust building codes and the need for increased competition in the insurance market to foster resilience and support for property owners.

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