'Pittsburgh Rich' or New York poor?
1- Pittsburgh: Conservatively, a home for the magazines.
2- New York City: An exaggeration if described as a pied-à-terre.
Note the former might be sold, from time I started typing this, the listing has been removed. Dare I mention the current assessed value is less than a third what the asking price is or was. It might be time to start asking (again) if assessed values are out of whack with current markets in Allegheny County.Still times are a changing, and the last sale on that property a decade ago was for a lot less. But maybe... just maybe.. the time of the valid use of "Pittsburgh Rich" describing the impact of housing prices here is coming to an end?
Note the last link there is for some Cleveburgh musings today of Joel Kotkin in Forbes: Shaking Off The Rust: Cleveland Workforce Gets Younger And Smarter. Also, my best explanation of the whole 'Pittsburgh Rich' concept is encapsulated in some quotes collected by the Toland in the PG (for more see this old post here: The Unbearable Assessment of the Pittsburgh Hipster)