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Lynn Yancey helps unpack the kitchen on moving day for her son, David Yancey, in New Orleans.

David Yancey doesn’t have a big income, but he’s committed to living in the core of New Orleans, La., where housing prices are high.

At 31, after six years of paying rent and with income between $40,000 and $60,000 a year as a coffee trader, Yancey bought his first home in February. He paid $525,000 for a recently renovated, 2,600-square-foot, two-story house in the Central City neighborhood two blocks off St. Charles Avenue.

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Jim DuPlessis

A journalist for decades.

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