Maybe Lafayette isn’t so cheap?
Lafayette’s median-cost ratio — how much of their income renters spend on housing — is roughly the same as Houston’s and higher than Austin’s.
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Economy
Louisiana House leaders steer millions of dollars in pet projects to their home parishes
Lafayette Parish is set to take home the second largest share of earmark dollars claimed for local projects.
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Get Caught Up: Home prices are up in Lafayette, but the market is down
Sticky prices and declining sales have Lafayette Parish in its coldest housing market since the pandemic began, but surrounding parishes aren’t feeling the freeze.
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Lafayette is running out of starter homes
With an aging stock of existing homes, and effectively no new construction below $200,000, Lafayette’s first-time homebuyers are being shut out of the market.
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Lafayette flood insurance rates will rise 81%, FEMA estimates
Increases of more than 50% are expected for National Flood Insurance Program policies in nine of the 10 ZIP Codes that cover the Lafayette area. That represents 15,000 single-family homes.
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Lafayette turns back to the bayou
With millions in public and private investment on tap, Lafayette looks to be banking on the Bayou Vermilion as a cultural asset.
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COLUMN: LUS Fiber has lost its edge
Building LUS Fiber was intended to make Lafayette more competitive. Now, as it diverts its attention to expansions, Fiber is not living up to its potential.
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