[SeekAndFind]

RE: And yet housing prices are beginning to shoot through the stratosphere.

This is an indicator of DEMAND for housing. Maybe it is good to check and see how many RETIREES are moving to Pittsburgh....

But then, you said this is now, not the worst place to find a job. That could be another factor.

BTW, you have some of the best universities in your city ( e.g. Carnegie Mellon ). How many of the graduates of these universities actually STAY in Pitt?

[Buckeye McFrog]

How many of the graduates of these universities actually STAY in Pitt?

Most CMU tech grads had offers to go to California at least a year before graduation, and took them. That trend seems to be reversing though in the past couple of years. Having a CMU degree in this town means you can write your own ticket. They see that on your resume, they have their multiple orgasm, then they write you a check.

This has had some good effects in that certain Pittsburgh neighborhoods like Lawrenceville and East Liberty, where it was previously not safe to walk around unarmed after dark, have gentrified rapidly.

But neither population growth nor wage increases seem to justify what is going on market-wide.