I own a house rental business near a future Meta AI data center. Construction workers make up most of our tenants.
Angel Crawford and her husband launched their rental home business in northeast Louisiana just before Meta announced its Hyperion AI data center.
TL;DR
- A couple transitioned from nursing careers to real estate, starting Parish Line Properties in 2024.
- They focused on acquiring and renovating older homes and developing a mobile home park.
- The arrival of Meta's data center created a high demand for housing among its workers.
- Rental prices have significantly increased, with furnished four-bedroom homes renting for $3,000 per month.
- The business prioritizes keeping rent affordable for local, long-term tenants.
- A third-party website, StayNELA, was created to connect tenants with rental listings.
- The data center has stimulated the local economy, increasing business for service providers and lengthening wait times for services like property surveys.