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Letter to the editor: Inflation and the price of property in Pittsburgh
“Thou shalt not crucify mankind on a cross of Gold.” — William Jennings Bryan
The feeding frenzy in the city of Pittsburgh over properties creates many people who cannot afford to buy or rent. What happens to those people? Do they move to places such as Wilkinsburg, or do they become homeless?
Talk about inflation. What do real estate prices have to do with inflation? A lot. That means higher rents and less money to spend on other things.
Simon C. Solar
New Kensington
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