Details about this story

• Source: Los Angeles Times
• Date: October 08, 2006
• URL: Read the story
• Bylines: Jean Guccione , Doug Smith
• Topics: Real Estate , Disasters
• Data Types: Federal Data
• Description/Excerpt: Jean Guccione and Doug Smith of the Los Angeles Times used federal data to find that "most New Orleans-area property owners seeking government aid for hurricane damage are showing a strong preference for restoring their old neighborhoods rather than take the money to seek new horizons." About 2 percent of the people who individuals approved for Small Business Administration loans for disaster assistance planned to transfer the money to a new property.