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Old 06-03-2011, 07:07 AM
gg gg started this thread
 
Location: Pittsburgh
11,664 posts, read 8,009,293 times
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Five Places Where the Bubble May Burst - Yahoo! Real Estate
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Old 06-03-2011, 07:27 AM
 
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They almost had me until they pointed to Braddock Hospital as some sort of proof.

UPMC isn't going anywhere. You know, I almost wish it would. The monopoly isn't healthy.

But I think Pittsburgh has a diverse enough industry to do fine.

We'll only bust if we experience a housing boom due to the drilling.

By the time that busts, I doubt I'll be retired becasue they say the drilling will go on for decades and decades.
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Old 06-03-2011, 07:35 AM
gg gg started this thread
 
Location: Pittsburgh
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Quote:
Originally Posted by Hopes View Post

We'll only bust if we experience a housing boom due to the drilling.

By the time that busts, I doubt I'll be retired becasue they say the drilling will go on for decades and decades.
I am going to predict the drilling will be short lived. It is a matter of time before some big accident happens and all of a sudden everyone is trying to get clean water. I don't think people are going to like that situation much. Fracking is a disaster waiting to happen, but a few people will make lots of money creating the dead zones.

Pittsburgh seems to love monopolies. Giant Eagle and UPMC. Not good for the consumer.
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Old 06-03-2011, 07:44 AM
 
Location: Pittsburgh
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Originally Posted by h_curtis View Post
I am going to predict the drilling will be short lived. It is a matter of time before some big accident happens and all of a sudden everyone is trying to get clean water.
Fracking is a new industrial procedure, and accidents are going to happen.

Steamboat and train accident, steel mill accidents, all of those things were a lot more prevalent when those technologies came on line.

I suppose that there will be some pressure to abandon natural gas drilling when the inevitable accidents happen.

But that wouldn't be the wise response if we're going to have progress. I would hope they would work hard to make gas exploration and drilling as safe as possible instead of just abandoning the idea.
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Old 06-03-2011, 07:44 AM
 
Location: Pittsburgh, PA
1,397 posts, read 1,362,133 times
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UPMC may be the largest employer, but it's far from the only game in town. And if, by some chance they suddenly went belly up it would likely hurt some, but we're not talking collapse of the steel industry time here. People will still be getting sick, some employer would need to fill the void. It's not like you can off-shore healthcare. (At least not at this point. Maybe some day robot nurses will be administering care to patients as ordered by doctors monitoring them from India...)

Last edited by Tinare; 06-03-2011 at 07:52 AM..
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Old 06-03-2011, 07:49 AM
 
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Originally Posted by Tinare View Post
It's not like you can off-shore healthcare.
Curitis thinks you can! Right, Curtis?

Sorry, I couldn't resist. Carry on.
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Old 06-03-2011, 07:50 AM
 
Location: Crafton, PA
1,067 posts, read 1,065,851 times
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Quote:
Originally Posted by Hopes View Post
UPMC isn't going anywhere. You know, I almost wish it would. The monopoly isn't healthy.
Which is why the news of an impending Highmark takeover of West Penn-Allegheny has me so excited, especially if they can bring in a major national player to run the system (Cleveland Clinic, Mayo, etc...). UPMC will probably always be tops in the region but they need a REAL competitor to drive down costs and hopefully extend coverage.
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Old 06-03-2011, 07:51 AM
gg gg started this thread
 
Location: Pittsburgh
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Here is a list of the top 7 employers in Pittsburgh. UPMC is really huge.


Top 7 List: Pittsburgh's Largest Employers | Pittsburgh Business Times
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Old 06-03-2011, 07:53 AM
gg gg started this thread
 
Location: Pittsburgh
11,664 posts, read 8,009,293 times
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Quote:
Originally Posted by trlstreet View Post
Which is why the news of an impending Highmark takeover of West Penn-Allegheny has me so excited, especially if they can bring in a major national player to run the system (Cleveland Clinic, Mayo, etc...). UPMC will probably always be tops in the region but they need a REAL competitor to drive down costs and hopefully extend coverage.
One can only hope. I have to go out of town if I need any medical attention. No one can afford UPMC.
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Old 06-03-2011, 08:00 AM
 
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Pretty subjective and clueless article, but that's basically what you can expect from these "5 best" or "10 mist likely" lists from national publications.
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