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The Brains Are Coming To Pittsburgh

Pittsburgh Three Rivers KayakA much lamented statistic that has plagued Pittsburgh for many years may be finally turning around in our favor. The migration out of the city by young adults in their mid-20s has for the first time in many years turned in our favor with Pittsburgh actually seeing a .30 increase in retention for the 2007-2009 period as reported in a recent study from the Brookings Institution by researcher William Frey. That's up from a .83 decrease in the years of 2005-2007.

Since young adults are most likely to move, this statistic is especially important because "brain drain" sets a city up for problems in the future while positive inflow leads to people who may eventually stay, build companies, buy houses, have families and and contribute to growth their communities.

A number of theories for this change are presented in the study including the need for young people to stay a home in the tough economy and the lack of jobs and affordable housing in some of the countries major metros that previously were posting gains.

I personally prefer the reason that many of the so-called rust-belt cities that showed gains like Pittsburgh, Columbus, Buffalo and Baltimore have spent the last decade or more transforming their economies and concentrating on quality-of-life issues which has begun to pay off.

I am sure that is at least part of the reason we are seeing the turn around here in Pittsburgh and as a former boomerang resident myself I am happy to call the city home!

Planning to buy or sell a home in Pittsburgh, PA? Call Christa Ross from RE/MAX Select Realty, at 724-933-6300 x214 (office) or 724-779-1437 (direct) or visit my website at www.bestpittsburghhomes.com.

Buying or Selling a home in Pittsburgh? Call Christa Ross from RE/MAX Select Realty, at 724-933-6300 x214 (office) or 724-309-1758 (direct) or visit my website at www.bestpittsburghhomes.com.

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Comment balloon 2 commentsChrista Ross • February 09 2011 10:21AM
The Brains Are Coming To Pittsburgh
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