Filed under: Displacement, Gentrification, Poverty, Race, Real Estate, University City Creep | Tags: creep, Gentrification, home prices, university city, upenn, west philly
Every once in a while something really funny comes across our news desk. Apparently one real estate agent for RE/MAX thinks that home buyers elbowing to get their kids into the UPenn run Alexander school are making a mistake. These special brand of West Philly gentrifiers are looking to get into the Penn Alexander Catchement Area, a strangely mapped zone that qualifies your special kid to get into that special school.
Except the wise folks at REMAX give their top reasons to AVOID the special real estate zone, besides saving money…
“You don’t like the smell of Dirty Diapers on Wednesday mornings. True, the Catchment Area has exploded with the arrival of little stinkers like the one below. If you don’t like the smell of streaky green diapers on garbage day, move a few blocks away…”
Wow. Could that pesky diaper smell actually serve to dissuade people from this elitist neighborhood? We can only hope. However, the Philly Weekly article that inspired our real estate blogger actually had to quote someone using a FAKE NAME because of how much they’re ripping off people.
“We bought our first home, which is in the catchment, eight years ago for $100,000,” says Frank, a property owner/manager who now lives outside the city and doesn’t want his real name used in this article. “When the school opened, we watched our house go up to $150,000, then $200,000. Now it’s worth $400,000. With home prices rising, our rental price is higher. I’m aware that there aren’t many people in the city who could afford to rent our house.“
Local parent Pat Warner says “People have more money,” says Warner. “It’s not a bad thing, necessarily, but it’s different. And it certainly seems less diverse.”
Gee, you think? Gentrifying the neighborhood isn’t bad, it’s just different. Whiter. Richer. Stinkier. Chew on that.
