A Katrina follow-up

It already looks like cynicism will rule the day in the rebuilding of post-Katrina New Orleans. To nobody's surprise, reports already are coming in of wealthy speculators and developers purchasing abandoned and devastated properties on the cheap in order to make a sweet profit as land values rise in the future. Unless very proactive government forces intervene, it seems almost certain that the rebuilding of New Orleans will largely be the gentrification of New Orleans.