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New Orleans auctioning off vacant land online

City selling almost 1,800 properties to raise tax revenue; bidding to start at US$3,000 in most cases

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Published Thu, Mar 12, 2015 · 09:50 PM

    New Orleans

    NEW Orleans is selling almost 1,800 properties on the Web to fatten its tax coffers and build on the momentum it's enjoying in the local real estate market.

    The question is, who's going to show up for the online auction, and what are they going to do with the lots they buy?

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