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Old 11-20-2014, 11:39 AM
 
1,947 posts, read 2,243,863 times
Reputation: 1292

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www.citylab.com/housing/2014/11/choose-one-millennials-upward-mobility-or-affordable-housing/382953/

Worth a read - an interesting analysis. A couple of quotes for those who haven't got the time:

"in 2013, Chetty and a phalanx of economists produced a one-of-a-kind study on intergenerational mobility—that is, the odds that low-income households can work their way into the middle class and above. Comparing social mobility by metro area, they discovered that the American Dream is alive in many cities, such as Salt Lake City, Pittsburgh, and San Jose. But it's dying in others, particularly across the southeast and the Rust Belt, where cities are spread out, segregated, and blighted by bad schools and broken families."

"There are the only three cities in the United States with (a) at least 50 percent of houses affordable to middle-class Millennials and (b) a top-10 finish in Chetty's mobility calculations. These are the outliers: Pittsburgh, Minneapolis, and Salt Lake City."
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Old 11-20-2014, 01:48 PM
 
43,011 posts, read 108,049,575 times
Reputation: 30721
Finally a study to articulate what I've been trying to say for years!

I wouldn't have been able to be a SAHM if the Pittsburgh metro wasn't affordable.
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Old 11-20-2014, 02:32 PM
 
4,177 posts, read 2,958,658 times
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Quote:
Originally Posted by Hopes View Post
Finally a study to articulate what I've been trying to say for years!

I wouldn't have been able to be a SAHM if the Pittsburgh metro wasn't affordable.
I agree. My wife was able to stay home until the kids went to middle school. We would not have had that option in the DC metro.
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Old 11-20-2014, 03:08 PM
 
1,653 posts, read 1,586,085 times
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That's not really what the article is saying. It is Juxtaposing affordable housing with upward career mobility, saying that Pittsburgh is one of the few places where housing is reasonably priced but that the pay and opportunities for skilled workers are also attractive. So we're not really in the same league as a Cleveland or a Buffalo or even a Dayton, not any more.
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Old 11-20-2014, 05:58 PM
 
5,047 posts, read 5,803,885 times
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It is so affordable here. Honestly, housing is reasonable, and its a great standard of living
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Old 11-20-2014, 06:45 PM
 
3,595 posts, read 3,393,123 times
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Quote:
Originally Posted by okaydorothy View Post
It is so affordable here. Honestly, housing is reasonable, and its a great standard of living
Could not agree more, i built condos in washington dc that started at 400,000 but here they would be under 125,000
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Old 11-20-2014, 07:46 PM
 
6,601 posts, read 8,982,581 times
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This definitely rings true for me. There are cities where I could live more cheaply, and there are cities where I could make more money, but Pittsburgh allows for a nice intersection of both of those goals.
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Old 11-20-2014, 10:05 PM
 
Location: Crafton via San Francisco
3,463 posts, read 4,646,466 times
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Quote:
Originally Posted by ferraris View Post
This definitely rings true for me. There are cities where I could live more cheaply, and there are cities where I could make more money, but Pittsburgh allows for a nice intersection of both of those goals.
Couldn't have said it better myself. Big reason why I moved here.
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Old 11-21-2014, 04:40 AM
 
1,947 posts, read 2,243,863 times
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Quote:
Originally Posted by Goodjules View Post
Couldn't have said it better myself. Big reason why I moved here.
geez folks - what is this? A dullsville agree-a-thon? Where's everyone saying that house prices are growing at insane rates, wages are so low you get treated like a 1960s slave, and the place is falling down???

I actually thought it was a well balanced and informative article.
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Old 11-21-2014, 05:07 AM
 
Location: About 10 miles north of Pittsburgh International
2,458 posts, read 4,204,019 times
Reputation: 2374
House prices are growing at insane rates, wages are so low you get treated like a 1960s slave, and the place is falling down.

Happy now?
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