The violence in Philadelphia is bad...very bad...people out of the blue getting hurt and kiling people for no reason. Sometimes there is a reason but there’s no reason for a person to kill another person.
Like my hood if you walk down the street and you don’t live down there u would get jumped are getting ran out the hood. The act of violence in Philadelphia is horrible, we need to be ashamed about how we acing because it’s unneeded.
I realize NYC is 6 times the size of Philadelphia but in 2005 NYC had 4 times as many violent crimes as Philly, but you never hear about NYC being an unsafe place to live. If NYC has 40,000 violent crimes per year and Philly’s has 10,000 violent crimes, in reality which place is more unsafe? I could show you a crime map of NYC, Chicago, DC, and La that would make you never want to step within 1000 miles of those cities.
Crime is everywhere in the cities. Certain sections are where 95% of the crimes take place. Is there spillover into what are seemingly safe neighborhoods? Yes but its exception not the norm. Just like Manhattan is going to be safer than parts of the Bronx/Queens, Center City is going to be safer than West/North Philly
Statistically you're more likely to die in a car crash driving around in suburbia than you are to die as an innocent victim of gun violence in the city.
(You're also much more likely to die on the drive to the airport than you are in the plane. People fear irrational phenomena because they don't feel in control of their lives, not because of actual risk analysis.)
As for Philly's housing values, it's not "worth it" to live anywhere but the exurban fringe of a Sunbelt city (say, Phoenix) if you're doing a strictly economic comparison of housing prices and incomes. But people value intangibles (culture, lifestyles, family). That's why people pay $2,000 a month for apartments the size of boxes in Manhattan. They're not crazy; they're just putting value in other things.
Philadelphia's housing has been historically undervalued when compared to its peers in the Northeast (NY, Boston, DC). Philly's basically playing catch-up now