Wednesday, July 05, 2006

The Sun Herald | 07/05/2006 | Housing, housing, housing

The Sun Herald | 07/05/2006 | Housing, housing, housing: "here are reliable estimates that more than 70,000 new housing units will be needed in South Mississippi just to recover from the losses inflicted by Hurricane Katrina.

There are also reasonable projections that there could be as many as 30,000 casino workers along the Coast by the year 2010. That's double - double! - the number of casino employees prior to Katrina.

Then there is the additional pressure that will be placed on our housing market by the non-gaming jobs that will be created by our post-Katrina building boom and sustained by our post-Katrina recovery.

Unless South Mississippians soon find ways to quickly ramp up the building of housing units, our recovery - one that has the potential of being the most significant rebuilding story in American history - will stumble."

No comments: