| Driving through South Philly you could be
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| | began upgrading the properties. And now,
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| forgiven for thinking you were in a war
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| | Fitzwater and co is a good bet for people
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| zone, at least from the perspective of
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| | forced out the New York property market
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| this out-of-towner. But turn a corner
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| | by escalating prices. With easy access to
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| onto Christian, Fitzwater Street, Kater,
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| | freeways and trains, this area is a gem
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| Greys Ferry, and suddenly homes are
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| | for commuters travelling to the pricey
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| well-kempt, flags are flying and
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| | Big Apple.
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| tree-lined streets reflect optimistic
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| | There is further evidence of
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| times ahead. Naval Square, once the
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| | gentrification in Fitzwater. A few condos
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| frontier of investment, is now being
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| | are going up, a sure sign that house
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| surrounded by upgraded properties.
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| | property prices have risen.
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| South of Christian, rubbish flutters
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| | Despite the media rumblings of a slowing
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| around the streets like modern day
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| | property market, (and realtors are
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| tumbleweed. At times whole blocks seem to
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| | definitely upset at no longer being able
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| have been raised to the ground. A sad
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| | to bid up prices between interested
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| brown building catches the eye. It has a
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| | parties), the pace of change and
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| smashed window and piles of furniture are
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| | improvements is still going strong in
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| falling through the hole, about to tumble
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| | this part of Philadelphia. Contractors
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| onto the street. It makes you wonder how
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| | still re-model at a frenzied rate.
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| long before some bored punk accidentally
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| | Businesses are setting up shop too:
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| empties lighter fluid over the remains
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| | Turkish and Mexican restaurants, swanky
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| and tries the flint for the last time
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| | bars, coffee shops. And residents do
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| before running across wasteland to
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| | their bit too, to make this part of town
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| safety.
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| | a great place to live. They do not
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| The general air is depressed. This lack
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| | tolerate dirty sidewalks; bored
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| of care, lack of hope, lack of pizzazz
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| | adolescents don't loiter with intent to
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| that is supposed to differentiate
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| | do mischief for grins; it is a nice
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| Americans from boring Europeans, hangs
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| | neighborhood.
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| like a grey cloud over the neighborhood.
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| | So, if you take note of an indepth study
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| Even these optimistic eyes fail to see
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| | on property prices for the coming couple
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| through the gloom, as every street corner
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| | of years, you will see that Philadelphia
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| seems to sport overweight sloppily
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| | is not included in the correction that
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| dressed males of all ethnicity, one leg
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| | will be seen in Florida and California
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| bent back resting against the wall of a
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| | and the rest of the upmarket North East.
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| store, chatting lazily about the game and
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| | Philadelphia started at a heavy discount,
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| the latest gossip on the 'hood.
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| | so you could do worse than buy into an
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| It is quite shocking to hear that just a
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| | area where it can only get better in the
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| few years ago, prim and tidy Fitzwater
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| | next few years.
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| was in about the same condition. Local
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| | See past the occasional rehabs-in-waiting
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| realtor, Ingrid Kernstock, explains that
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| | in the immediate vicinity, they will be
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| for her, it was a no-brainer to move into
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| | dealt with as gentrification continues
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| the area 3 years ago. The evidence of
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| | apace. The putrefaction of the South of
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| gentrification in full swing was clear to
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| | the city is being pushed aside at a great
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| be seen. 3 story wrecks, under-priced for
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| | rate of knots. Cash in now on a house to
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| decades in comparison to uptown New York,
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| | call home for years to come, before they
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| were going for $100,000. The tone of the
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| | get too pricey! Satisfaction almost comes
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| area was improving by the month as
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| | guaranteed!
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| developers and enterprising residents
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