What's a decimal point worth?

Not new, but from Zillow and via Calculated Risk is a table of negative equity in the largest real estate markets in the US.

Phoenix: 68% of all mortgages are ‘under water’ calculated as the percentage of single family homes with mortgages where the equity value less than current market value.

Pittsburgh: 6.8%.

The disparity . . . → Read More: What’s a decimal point worth?

"Modern-day version of Pittsburgh"

Neither hagiography nor its opposite, but note the opening sentence of this story: Low education levels holding Nevada’s economy back, official says. goes like this:

Nevada’s higher education levels are holding the region back from diversifying its economy and the city has become a modern-day version of Pittsburgh or Detroit, which once relied on one . . . → Read More: Modern-day version of Pittsburgh