Twenty years ago Hurricane Katrina flooded hundreds of thousands of homes in New Orleans and killed over 1,800 people. In the aftermath, a quarter of the city's housing stock was left vacant or abandoned. The U.S. government has spent billions to rebuild homes, restore infrastructure, and fortify the levee system. But more may be needed to counteract the city’s slow decline into the sea. On top of that, parts of the federal response have been criticized for their complexity and impact on low-income homeowners. Today, the city is facing a housing crisis as homeowner insurance premiums and property taxes rise.
Chapters:
00:00 Introduction
01:42 Chapter 1 - Property damage
03:38 Chapter 2 - Redevelopment
05:28 Chapter 3 - Abandoned properties
07:29 Chapter 4 - Flooding
Produced, Shot and Edited by: Carlos Waters
Additional Camera: Natalie Rice
Senior Producer: Shawn Baldwin
Graphics: Jason Reginato, Christine Kim
Additional footage: Getty Images, Coastal Protection and Restoration Authority
Additional sources: National Institutes of Health, Office of the U.S. Trade Representative, ProPublica, Sierra Club, The Historic New Orleans Collection, Trust For Public Land, University of Illinois, University of Texas at Austin
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
|
There are 56 ethnicities in China—and 55...
Sony’s 90s Handycam helped spark the lit...
Whether U.S. and Iranian officials can n...
We get a lot of questions about how we m...
東京マーケットワイド 「本日のデリバティブ」のコーナーです。 本日の出演/みず...
「東京マーケットワイド」ゲストコーナー 本日の出演/伊藤忠総研 浅岡嵩博さん ...
「東京マーケットワイド」ゲストコーナー 本日の出演/岡三証券 大下莉奈さん ...
「東京マーケットワイド」ゲストコーナー 本日の出演/アイザワ証券 今井正之さん...
「SBI-Manリキッド・トレンド・ファンド」について、英国マングループ本社の運...
■定期配信(動画再生リスト) 第1, 3火曜日 18:00頃~ 第4または第...
外資系証券でデリバティブトレーダーとして活躍していた伊藤祐輔氏を講師に、先物・オ...