Wednesday, August 29, 2007

Battle of the bubbles #2 - Philadelphia versus Pittsburgh

Continuing with our Pennsylvannian theme, we have Philadelphia up against Pittsburgh. Well, Philadelphia wins by a mile. But here is a curious thing; until 2000 Pittsburgh house prices were outpacing those in Philadephia. Then in 2002, Philadelphia prices shoot off, leaving Pittsburgh eating dust. What happened?

No comments: