Since the devastating floods that occurred throughout Louisiana this month, more than 20,000 people have been rescued from their homes. The state’s housing demand consequently skyrocketed, as displaced residents frantically search for new homes to accommodate their families. While thousands of flood victims seek new housing, however, the supply of homes for sale has remained low—and very competitive. Luckily, Louisiana has just introduced the following three housing options for flood victims:
According to the Red Cross, this month’s flooding in Louisiana is considered as the worst natural disaster since Hurricane Sandy, which hit nearly four years ago. The floods affected over 110,000 families, many of which lost everything and are now forced to look for new homes. This has caused the state’s housing market to reach crazy new levels.