Thursday, January 10, 2013

Mortgage Free Pittsburgh

From the LA Times: Nearly one-third of U.S. homeowners have no mortgage.  Note obligatory Pittsburgh shout out.

Of course, it is a metric that is mostly an artifact of age.  That and much lower migration into the region, which means a greater percentage of folks living here have lived where they do for a long time.  One of those benchmarks that just may not mean much in and of itself... or possibly means something quite different form what some might infer. 

1 Comments:

Anonymous DBR96A said...

Export it. It'd be a rare instance of a wealth transfer into the United States, and energy workers in Pennsylvania would reap the benefits.

Sunday, January 13, 2013 2:42:00 AM  

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