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Won't cheap rent go away as soon as any substantial number of programmers move in?


The population of Pittsburgh City proper peaked in the 1950's. It then depopulated significantly as people left the region and the city center. There is an abundance of extra housing at a reasonable rate close to the city center because of this excess supply. It used to house 650k people and currently only holds 300k. It won't last forever but by no means is it on the verge of becoming an expensive city.

http://www.wolframalpha.com/input/?i=population+of+pittsburg...


Top of the line houses in absolutely beautiful parts of Pitt aren't even breaking $1mil. Plus there isn't the local NIMBY allergy there. Pittsburgh wants housing development.




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