What Happens When Student Renters Crowd Out Homeowners?

The growing imbalance of student housing and single family homeowners in the Oakland neighborhood of Pittsburgh is affecting the surrounding community. A new master plan seeks to maintain a healthy equilibrium between the housing options.
May 27, 2013, 5am PDT | globalsiteplans
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Sunny Menozzi describes the challenging housing situation in the Oakland neighborhood of Pittsburgh, which threatens the mixed-income, intergenerational nature of the historic community. The major universities in the neighborhood, University of Pittsburgh and Carnegie Mellon University, are affecting the equilibrium of historic, single family homes and cheap student housing. The latter can have a large and often negative impact on a neighborhood, which is why the Oakland 2025 Master Plan seeks to promote the balance between the two while maintaining property values and the integrity of the neighborhood.

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Published on Wednesday, May 22, 2013 in Global Site Plans - The Grid
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