Median home sale prices in Lawrenceville have surged threefold over the past decade, positioning the area as the second highest in the United States for housing price appreciation. This dramatic increase has led to significant displacement within the community, particularly affecting long-term residents who contributed to the neighborhood's revitalization.
Recent statistics reveal alarming trends: in just five years, Lawrenceville has experienced a 50% decline in its Black population, a similar drop in residents living in poverty, and a 50% reduction in households utilizing housing choice vouchers. Additionally, the area has seen a 38% decrease in children under 18. The consequences of rising housing costs extend beyond the loss of homes; families are also uprooted from their schools, healthcare providers, social networks, and local amenities, fundamentally altering the fabric of the community.
In response to this severe housing crisis, city officials are advocating for a comprehensive strategy to address the challenges posed by escalating housing prices. Mayor Gainey has introduced a series of zoning amendments aimed at fostering inclusive housing development. The initiative seeks to ensure that Pittsburgh remains a city for all its residents, emphasizing the urgent need for accessible housing solutions.