Quote:
Originally Posted by eschaton
This apartment boom was explicitly part of the "Oakland 2020" plan. Get more multifamily built in Oakland to cater to students. In turn have code enforcement crack down on slumlords in Oakland, hopefully turning more of Oakland's housing stock back into owner-occupied housing available for households of all ages.
I mean, realistically speaking, Oakland should be one of the nicest neighborhoods in the city, considering the amenity mix and walkability. But it's the worst urban student slum I've seen outside of Boston.
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Yeah, I get it. I agree. It's been long overdue in Oakland (and in Pittsburgh in general). The city must have one of the nastiest collections of rental properties in the nation (particularly those geared to students/20-somethings).
The thing with Oakland is that it was an industrial, working class neighborhood along with (and before) being the city's educational/cultural center. South Oakland, by and large, was built for the working class, not students and Pittsburgh's elite.
It's just an interesting trend nationwide to see student apartments going up with amenities (and price points) formerly reserved for people with money in their pockets. It says something about the wealth of students attending US universities, loan debt, housing expectations, the competitive college marketplace, etc.