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In Gulf, the Cost of Rebuilding Homes Soars

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In Gulf, the Cost of Rebuilding Homes Soars

Katrina & Beyond

In Gulf, the Cost of Rebuilding Homes Soars

In Gulf, the Cost of Rebuilding Homes Soars

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The small Gulf Coast town of Cameron, La., was destroyed by Hurricane Rita in 2005. Fewer than half of Cameron's 2,000 residents have returned since the storm. Many rebuilding efforts are stalled by high prices. "The average cost for a 2,000-square-foot home has jumped, probably, to the $80,000 range just for foundation work," says Clifton Hebert, director of homeland security and emergency preparedness for Cameron Parish.