What Happens When Student Renters Crowd Out Homeowners?

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.