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Re: Foreclosure Spike (yikes!)
Old 12-06-2006, 02:46 PM   #14
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Join Date: Apr 2003
Location: Hooverville
Posts: 10,802
Quote:
Originally Posted by FinanceDude
So was it the fact that the French designed the city to be below sea level, or the fact that Katrina uncovered the problems in Louisiana that sold you??
New Orleans has been sinking since it was founded. My great-great grandfather landed here and helped dig the canal.

In addition to the subsidence problem there is also the lessening of silt deposition in the delta and loss of swamp land stemming from attempts to control the Mississippi.

John McPhee has written very enlighteningly about N.O and the Delta.

Ha
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