Happenings in Pittsburgh!! (Indiana, California, Dublin: equity, relocate, foreclosure)

[ainulinale]

Originally Posted by guylocke

Now that I think about it, I do question the date of this write-up as New York, New York was renamed 5801 a couple years ago.

Unfortunately, it's Feb. 2006.

[guylocke]

Unfortunately, it's Feb. 2006.

Yeah I had just noticed that, too. I wouldn't really call it unfortunate, but I would have preferred if it was more recent as it's sort of old news for Happenings.

[ainulinale]

I was reading an article from a recent magazine about Pittsburgh booming in the near future...a friend from Philadelphia brought it on her visit to Pittsburgh over Christmas because she thought it was interesting. But, I just can't remember the name of the magazine now. They mentioned politics as being the primary hindrance to the city's growth. Sorry I can't remember the name, but anyway, at least its good press.

[BrianTH]

It wouldn't surprise me if Pittsburgh became a popular option for people fleeing the East Coast. Housing prices in the Boston-DC corridor have gotten to the point where even people with very good jobs are struggling to get something decent, at least if they want to live anywhere remotely close to where they work. And Pittsburgh has all these neighborhoods close to Downtown/Oakland which seem just like the hottest neighborhoods in the Northeast Corridor, except the homes cost 1/3 as much (or less).

In the past, though, whenever this came up in my conversations with people in the Northeast Corridor, the frequent answer was something like, "Yeah, but you have to live in Pittsburgh." The thing is, these people didn't really know anything about Pittsburgh--it was just a vague impression. So if somehow that vague impression got changed (if Pittsburgh really did get trendy, say) then who knows what could happen.

[guylocke]

In the past, though, whenever this came up in my conversations with people in the Northeast Corridor, the frequent answer was something like, "Yeah, but you have to live in Pittsburgh." The thing is, these people didn't really know anything about Pittsburgh--it was just a vague impression. So if somehow that vague impression got changed (if Pittsburgh really did get trendy, say) then who knows what could happen.

Interesting, yes, I agree.

[NYSTYLE]

Philadelphia is also very expensive. I lived where else........lol Society Hill in 84 (Seriously I did) and I had a beautiful apartment about $800 for a penthouse 2 bed now I am sure it is renting in the thousands.

[BrianTH]

By the way, as someone suggested in the other thread, I don't actually think it would be great for Pittsburgh to be "discovered" if that didn't mean people were bringing new businesses (and hence new employment) along with them. Fortunately, Pittsburgh is way too far away to be a "bedroom community" for the Northeast Corridor, so I think it is safe to assume any large-scale influx would have to be tied to new businesses coming as well.

Incidentally, to complete the circle: it has always seemed to me that a big selling point for a business coming to Pittsburgh would be that the employees could buy some very attractive housing for relatively little, which presumably means they could be paid somewhat less than they would need to make many other places to afford the same housing, which would mean a competitive cost-savings for the business. Again, though, the whole key would be to have the employees see things the same way.

[NYSTYLE]

Not sure where to stick this. Good info.

Pittsburgh Relocation - Moving to Pittsburgh

[NYSTYLE]

LondonBarcelona....I am sure you recall being a Az home owner. It was a sleeper and no one believed it when they heard years back that it would BOOM into a HIP Trendy city then alllllllllll of a sudden a Monsoon sort of speak hit the town and it is covered with loads and loads of Young Billionaires and Trendy shops lounges, restaurants etc. and then bingo all those inexpensive houses became mansions. ALL IN A NY MINUTE

You'll see Pittsburgh in a blink of an eye it will change and you are seeing it already on the southside ..


There was a fashion focus group that had a meeting after fashion week ......this month and it was about designers setting up boutiques in Downtown Pittsburgh and Shadyside. Gucci, Chanel, Fendi and Louis Vuitton, Marc Jacobs are just a few that are looking for space in the area. Tiffany and Co. is going to be striking it next door to the new Nordstroms this autumn .

[juliegt]

Originally Posted by BrianTH

By the way, as someone suggested in the other thread, I don't actually think it would be great for Pittsburgh to be "discovered" if that didn't mean people were bringing new businesses (and hence new employment) along with them. Fortunately, Pittsburgh is way too far away to be a "bedroom community" for the Northeast Corridor, so I think it is safe to assume any large-scale influx would have to be tied to new businesses coming as well.

Incidentally, to complete the circle: it has always seemed to me that a big selling point for a business coming to Pittsburgh would be that the employees could buy some very attractive housing for relatively little, which presumably means they could be paid somewhat less than they would need to make many other places to afford the same housing, which would mean a competitive cost-savings for the business. Again, though, the whole key would be to have the employees see things the same way.

You make some good points. If home prices doubled in Pgh, they would still be cheaper than many parts of the country. I mean they are ridiculously low.