Rome it is not. Pittsburgh though, is rich in history, people are friendly, there are enough cultural attractions and reasonable nightlife. Crime is also fairly low. Real estate prices are very low.
While it may not be NYC, Miami or any number of cool cities, we feel that real estate investors should give consideration to residential properties there. With mortgage rates so low, the outer suburbs, such as Penn Hills, may offer substantial cash flow yields. This is not a play on capital gains, but rather cash flows.
Worth a look anyway.
http://www.iht.com/articles/2009/01/07/business/08collapse.php
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