1031 Exchange Louisiana
Louisiana is an attractive destination for investors and people who are planning to do 1031 exchange in Louisiana. The capital of Louisiana, Baton Rouge, is recognized as the political hub for the state with other significant industries in medical, research, petrochemical, and technology. These industries employ more than 228,000 population with an unemployment rate of 4.50%, which is below the national average. The healthy job growth in companies like ExxonMobil, the State of Louisiana, Louisiana State University, and Turner Industries, support the health of the economy and number of renters.
Louisiana is also regarded as one of the most steady investment markets in the nation, as the local housing market remains unaffected by swings in economic fluctuations. Even during the last Recession, home prices in Louisiana remained stable.