4 ms·
Pittsburgh is also dirt cheap; there are entire neighborhoods that are essentially abandoned. You can buy a house in decent structural condition for under $50,0
by exelius 10y ago
Pittsburgh is also dirt cheap; there are entire neighborhoods that are essentially abandoned. You can buy a house in decent structural condition for under $50,000. And it's been so depressed for so long that there's an enormous amount of infrastructure that essentially sits unused. Companies can use that to externalize costs, which makes it very attractive IMO.
- rexreed 10y agoI can say the same for Baltimore and Philly. In fact, Pittsburgh is much the same as most cities that used to be the leading innovative areas during the Industrial Revolution and Gilded Age.
- exelius 10y agoPittsburgh doesn't have the crime / corruption problems (largely the same IMO - you can't expect citizens to follow the law if the politicians don't) that Baltimore and Philly do.
- 55acdda48ab5 10y agoPhilly and Baltimore (and Maryland) also have ridiculous taxes. City wage taxes and business revenue (not profit) tax, and relatively high state taxes. You would have to be insane to locate your new business in the city of Philadelphia, for example. The Delaware Valley region is fine, but not the city. Most of the old northern industrial states and cities are so riddled with taxes and regulations and union corruption it's hard sell to start up a business there. You'd be better off carpet-bagging to business friendly locales. People are moving in large numbers to Florida and Nevada for sound reasons.