May 16, 2008

Phila. property still sells

From the Inky

Phila. property still sells
Center City sales defy the trend
By Joseph A. Slobodzian

Inquirer Staff Writer

Last year, while the housing and mortgage crises hammered Miami, Detroit, Atlanta and Las Vegas, Center City Philadelphia held its own, buffered by a large resident workforce and a lower cost of living.
That is one finding in the Center City District's annual "State of Center City Report," made public yesterday.

"We are not Miami, and we are not Las Vegas.

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