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. 


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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